See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $75,326 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $95,567 | $71,666+33.3% | $117,854-18.9% | $69,631+37.2% |
| Participation rate | 68.6% | 77.5%-8.9pp | 79.7%-11.0pp | 70.7%-2.1pp |
| Annual return | 16.46% | 18.86%-2.4pp | 335.08%-318.6pp | 27571.02%-27554.6pp |
| Employer contribution / active EE | $3,927 | $1,889+107.9% | $3,786+3.7% | $2,032+93.2% |
| Participant deferral / active EE | $2,610 | $3,340-21.8% | $4,482-41.8% | $3,224-19.0% |
| Admin fee / account holder | $354 | $120+193.9% | $8,020-95.6% | $110+220.2% |