Filed December 19, 2019
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 7-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 | $37,590 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 27 · EIN 34-1542819 | Advisory (Plan) | $20,000 |
Annual investment return 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 | $23,828 | $60,396-60.5% | $83,848-71.6% | $75,289-68.4% |
| Participation rate | 71.4% | 80.7%-9.3pp | 76.1%-4.7pp | 72.4%-1.0pp |
| Annual return | -5.83% | 3.84%-9.7pp | 850.88%-856.7pp | -0.04%-5.8pp |
| Employer contribution / active EE | $2,684 | $3,343-19.7% | $3,631-26.1% | $2,405+11.6% |
| Participant deferral / active EE | $3,513 | $2,922+20.2% | $4,082-13.9% | $3,739-6.0% |
| Admin fee / account holder | $35 | $141-75.4% | $5,478-99.4% | $102-66.0% |