Filed August 3, 2023 (most recent of 3 filings on file)
Total covered: 616 employees
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+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $202,933 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $79,177 | $85,635-7.5% | $123,892-36.1% | $63,975+23.8% |
| Participation rate | 65.5% | 74.9%-9.4pp | 81.4%-15.9pp | 71.1%-5.6pp |
| Annual return | 10.98% | 15.74%-4.8pp | 47.52%-36.5pp | 48.65%-37.7pp |
| Employer contribution / active EE | $802 | $3,076-73.9% | $4,617-82.6% | $2,182-63.2% |
| Participant deferral / active EE | $6,106 | $5,667+7.8% | $5,984+2.0% | $3,356+81.9% |
| Admin fee / account holder | $102 | $75+36.7% | $8,357-98.8% | $70+45.4% |