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.7+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $47,321 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $43,280 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,304 | $58,347-84.1% | $85,682-89.1% | $86,799-89.3% |
| Participation rate | 82.0% | 64.9%+17.1pp | 69.9%+12.1pp | 72.3%+9.7pp |
| Annual return | 12.93% | 18.43%-5.5pp | 21.49%-8.6pp | 97.91%-85.0pp |
| Employer contribution / active EE | $197 | $1,751-88.7% | $2,618-92.5% | $2,405-91.8% |
| Participant deferral / active EE | $1,908 | $3,065-37.8% | $3,923-51.4% | $4,131-53.8% |
| Admin fee / account holder | $133 | $147-10.0% | $6,873-98.1% | $170-21.8% |