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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $92,023 |
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 48-1305000 | Advisory (Plan) | $40,000 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $67,376 | $106,236-36.6% | $112,228-40.0% | $64,808+4.0% |
| Participation rate | 94.0% | 71.7%+22.3pp | 75.1%+18.9pp | 71.5%+22.5pp |
| Annual return | -15.62% | -6.02%-9.6pp | 27.45%-43.1pp | 32.82%-48.4pp |
| Employer contribution / active EE | $4,411 | $3,166+39.3% | $3,635+21.4% | $2,506+76.0% |
| Participant deferral / active EE | $6,520 | $3,785+72.3% | $4,728+37.9% | $4,310+51.3% |
| Admin fee / account holder | $106 | $452-76.5% | $6,410-98.3% | $188-43.4% |