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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $30,350 |
Filed as: PINNACLE PENSION CONSULTANTS Service code 27 · EIN 81-0776852 | Advisory (Plan) | $14,000 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $1,171 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,911 | $58,493+0.7% | $84,021-29.9% | $72,975-19.3% |
| Participation rate | 63.9% | 61.2%+2.7pp | 69.0%-5.1pp | 69.5%-5.6pp |
| Annual return | 21.66% | 28.93%-7.3pp | 71.32%-49.7pp | 81.01%-59.4pp |
| Employer contribution / active EE | $0 | $1,163-100.0% | $1,984-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $2,518 | $2,394+5.2% | $3,239-22.3% | $3,608-30.2% |
| Admin fee / account holder | $314 | $4,569-93.1% | $6,102-94.9% | $5,124-93.9% |