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 4-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 26 TPOT-MAC H0006-08R · ST. LOUIS, MO 63103 | Advisory (Participants) | $53,347 |
PAYCHEX, INC.3 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $34,313 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $31,761 | $119,446-73.4% | $150,045-78.8% | $85,563-62.9% |
| Participation rate | 59.8% | 75.4%-15.7pp | 82.3%-22.6pp | 66.0%-6.2pp |
| Annual return | 27.13% | 23.72%+3.4pp | 62.55%-35.4pp | 31.51%-4.4pp |
| Employer contribution / active EE | $1,810 | $4,078-55.6% | $4,693-61.4% | $2,654-31.8% |
| Participant deferral / active EE | $3,561 | $7,985-55.4% | $7,997-55.5% | $4,375-18.6% |
| Admin fee / account holder | $139 | $548-74.6% | $13,435-99.0% | $834-83.3% |