Filed August 14, 2024
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 3-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.1+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 55 542 MAIN ST · WORCESTER, MA 01608 | Other Commissions | $0 |
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 | $27,180 | $46,292-41.3% | $143,757-81.1% | $64,808-58.1% |
| Participation rate | 86.0% | 64.2%+21.8pp | 80.3%+5.7pp | 71.5%+14.5pp |
| Annual return | 0.00% | -10.05%+10.0pp | -0.04%0pp | 32.82%-32.8pp |
| Employer contribution / active EE | $3,966 | $1,910+107.7% | $4,951-19.9% | $2,506+58.3% |
| Participant deferral / active EE | $2,815 | $2,646+6.4% | $5,637-50.1% | $4,310-34.7% |
| Admin fee / account holder | $79 | $154-48.8% | $14,673-99.5% | $188-58.1% |