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.2 years Service code 15 · EIN 94-1347393 299 SOUTH MAIN, 5TH FLOOR · SALT LAKE CITY, UT 84111 | Recordkeeping | $24,163 |
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).
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 | $130,400 | $85,202+53.0% | $172,739-24.5% | $72,985+78.7% |
| Participation rate | 77.5% | 70.1%+7.4pp | 82.6%-5.1pp | 69.5%+8.0pp |
| Annual return | 19.74% | 27.32%-7.6pp | 802.84%-783.1pp | 81.00%-61.3pp |
| Employer contribution / active EE | $11,807 | $3,324+255.2% | $5,143+129.6% | $2,440+383.9% |
| Participant deferral / active EE | $2,729 | $3,260-16.3% | $5,198-47.5% | $3,607-24.3% |
| Admin fee / account holder | $340 | $5,884-94.2% | $13,954-97.6% | $5,124-93.4% |