See peer percentile detail. $4.99 for your first month.
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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.8 years Filed as: WELLS FARGO ADVISORS Service code 28 · EIN 34-1542819 | Investment Management | $53,628 |
PROACCOUNT1 year Service code 28 · EIN 73-0988442 | Investment Management | $37,625 |
Filed as: RAYMOND JAMES FINANCIAL SERVICES IN Service code 28 · EIN 02-6400998 | Investment Management | $2,579 |
NATIONWIDE1 year Service code 59 · EIN 31-4156830 | Shareholder Servicing | $2,179 |
NATIONWIDE1 year Filed as: NATIONWIDE RETIREMENT PLANS Service code 15 · EIN 31-4156830 10 W NATIONWIDE BLVDCOLUMBUS · COLUMBUS, OH 43215 | Recordkeeping | $702 |
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.
Annual investment return 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $14,703 | $88,982-83.5% | $102,438-85.6% | $77,671-81.1% |
| Participation rate | 67.9% | 80.9%-13.0pp | 76.5%-8.6pp | 70.6%-2.7pp |
| Annual return | 11.03% | 25.01%-14.0pp | 29.37%-18.3pp | 31.21%-20.2pp |
| Employer contribution / active EE | $1,355 | $2,698-49.8% | $3,024-55.2% | $2,726-50.3% |
| Participant deferral / active EE | $2,369 | $5,144-53.9% | $5,054-53.1% | $4,648-49.0% |
| Admin fee / account holder | $75 | $236-68.1% | $9,448-99.2% | $430-82.5% |