Filed July 2, 2024
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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $102,369 |
WELLS FARGO BANK, N.A.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $64,101 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $122,225 | $86,225+41.8% | $146,665-16.7% | $86,799+40.8% |
| Participation rate | 98.1% | 78.0%+20.2pp | 80.1%+18.1pp | 72.3%+25.9pp |
| Annual return | 13.53% | 31.23%-17.7pp | 22.74%-9.2pp | 97.91%-84.4pp |
| Employer contribution / active EE | $2,929 | $2,392+22.4% | $4,136-29.2% | $2,405+21.8% |
| Participant deferral / active EE | $5,589 | $4,245+31.7% | $5,506+1.5% | $4,131+35.3% |
| Admin fee / account holder | $400 | $195+104.9% | $10,280-96.1% | $170+136.0% |