Filed August 31, 2016
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.1 year Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269 | Other Services | $10,097 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $3,577 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $27,194 | $69,362-60.8% | $101,248-73.1% | $73,488-63.0% |
| Participation rate | 85.3% | 68.4%+16.9pp | 75.8%+9.5pp | 70.7%+14.6pp |
| Annual return | 19.57% | 18.46%+1.1pp | 46.47%-26.9pp | 28.51%-8.9pp |
| Employer contribution / active EE | $3 | $2,628-99.9% | $3,660-99.9% | $2,270-99.9% |
| Participant deferral / active EE | $3,909 | $3,300+18.5% | $4,370-10.5% | $3,740+4.5% |
| Admin fee / account holder | $33 | $704-95.3% | $5,945-99.4% | $513-93.5% |