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.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $203,666 |
ERNST & YOUNG LLP1 year Filed as: ERNST & YOUNG US LLP Service code 11 · EIN 34-6565596 | Actuarial | $38,000 |
Filed as: TOWERS WATSON INVESTMENT SERVICES Service code 27 · EIN 52-1868818 | Advisory (Plan) | $32,250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $141,167 | $120,450+17.2% | $159,436-11.5% | $93,030+51.7% |
| Participation rate | 64.5% | 78.0%-13.5pp | 82.8%-18.4pp | 73.9%-9.4pp |
| Annual return | 37.89% | 27.11%+10.8pp | 263.57%-225.7pp | 158.70%-120.8pp |
| Employer contribution / active EE | $1,139 | $3,526-67.7% | $4,829-76.4% | $2,706-57.9% |
| Participant deferral / active EE | $7,135 | $7,283-2.0% | $7,352-3.0% | $4,562+56.4% |
| Admin fee / account holder | $112 | $137-17.9% | $10,799-99.0% | $152-26.0% |