Filed April 5, 2022
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.1 year Service code 15 · EIN 94-1347393 | Recordkeeping | $649,768 |
Service code 28 · EIN 36-4291971 | Investment Management | $70,000 |
Filed as: GALLAGHER BENEFIT SERVICES, INC. Service code 16 2850 WEST GOLF ROAD, 5TH FLOOR · ROLLING MEADOWS, IL 60008 | Consulting | $65,000 |
JONES & ROTH, PC4 years Filed as: JONES & ROTH, P.C. Service code 10 · EIN 93-0819646 | Accounting | $14,600 |
Participant contribution per participant 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.
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 | $27,028 | $164,350-83.6% | $95,952-71.8% | $106,222-74.6% |
| Participation rate | 91.7% | 90.5%+1.3pp | 77.1%+14.7pp | 70.8%+20.9pp |
| Annual return | 14.12% | 14.56%-0.4pp | 91.61%-77.5pp | 21.69%-7.6pp |
| Employer contribution / active EE | $1,628 | $4,292-62.1% | $2,541-35.9% | $2,723-40.2% |
| Participant deferral / active EE | $2,622 | $7,854-66.6% | $4,167-37.1% | $4,600-43.0% |
| Admin fee / account holder | $55 | $65-16.6% | $6,795-99.2% | $78-30.4% |