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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.6 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $36,783 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $36,252 |
ALBIN RANDALL & BENNETT6 years Service code 10 130 MIDDLE ST 3RD FL · PORTLAND, ME 04101 | Accounting | $32,225 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS FIN NETWORK LL Service code 27 1 NORTH JEFFERSON AVE · ST LOUIS, MO 63103 | Advisory (Plan) | $13,190 |
DOWNEAST PENSION SERVICES, INC.10+ years Service code 13 · EIN 01-0472857 41 CAMPUS DRIVE,SUITE 302 · NEW GLOUCESTER, ME 04260 | Contract Administrator | $13,168 |
NBT BANCORP NA1 year Filed as: NBT BANK NA DBA TPA EXPERTS Service code 13 41 CAMPUS DR SUITE 302 · NEW GLOUCESTER, ME 04260 | Contract Administrator | $10,430 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,619 | $54,245+37.6% | $93,727-20.4% | $77,762-4.0% |
| Participation rate | 89.3% | 63.9%+25.4pp | 68.7%+20.6pp | 70.6%+18.7pp |
| Annual return | 11.67% | 30.58%-18.9pp | 133.83%-122.2pp | 31.27%-19.6pp |
| Employer contribution / active EE | $1,749 | $1,168+49.8% | $2,421-27.8% | $2,728-35.9% |
| Participant deferral / active EE | $4,447 | $3,144+41.5% | $4,417+0.7% | $4,651-4.4% |
| Admin fee / account holder | $335 | $575-41.8% | $8,292-96.0% | $433-22.7% |