Filed January 13, 2016
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 59-2617265 ADVISORY BILLING H0006-08R · SAINT LOUIS, MO 63103 | Advisory (Plan) | $24,505 |
NATIONWIDE3 years Service code 52 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Indirect Investment Fees | $21,792 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,197 | $46,292-67.2% | $143,757-89.4% | $64,808-76.6% |
| Participation rate | 37.6% | 64.2%-26.6pp | 80.3%-42.7pp | 71.5%-33.9pp |
| Annual return | -11.92% | -10.05%-1.9pp | -0.04%-11.9pp | 32.82%-44.7pp |
| Employer contribution / active EE | $703 | $1,910-63.2% | $4,951-85.8% | $2,506-71.9% |
| Participant deferral / active EE | $440 | $2,646-83.4% | $5,637-92.2% | $4,310-89.8% |
| Admin fee / account holder | $161 | $154+4.9% | $14,673-98.9% | $188-14.1% |