Filed January 29, 2020
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.5 years Filed as: WELLS FARGO BANK Service code 18 · EIN 94-1347393 | Custodial (other than securities) | $328 |
Filed as: AMERICAN UNITED LIFE INSURANCE CO. Service code 38 · EIN 35-0145825 | Participant Communication | $0 |
WELLS FARGO BANK, N.A.1 year Service code 19 · EIN 94-1347393 1525 WEST WT HARRIS BLVD · CHARLOTTE, NC 28288 | Securities Custodian | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,584 | $66,528-57.0% | $86,874-67.1% | $86,799-67.1% |
| Participation rate | 88.6% | 72.4%+16.2pp | 71.6%+16.9pp | 72.3%+16.3pp |
| Annual return | 10.21% | 19.56%-9.3pp | 63.52%-53.3pp | 97.91%-87.7pp |
| Employer contribution / active EE | $0 | $2,007-100.0% | $2,495-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $2,049 | $3,240-36.7% | $3,699-44.6% | $4,131-50.4% |
| Admin fee / account holder | $1 | $148-99.3% | $5,828-100.0% | $170-99.4% |