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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 37 · EIN 94-1347393 210 MAIN ST · DANBURY, CT 06810 | Loan Processing | $274,809 |
MMA SECURITIES LLC1+ years Filed as: MMC SECURITITES CORP Service code 70 · EIN 06-1685865 20 CHURCH ST · HARTFORD, CT 06103 | Consulting Fees | $50,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $46,617 | $68,092-31.5% | $73,309-36.4% | $59,188-21.2% |
| Participation rate | 48.9% | 78.1%-29.2pp | 74.9%-26.0pp | 69.4%-20.5pp |
| Annual return | 1.95% | 5.93%-4.0pp | 5.67%-3.7pp | 5.51%-3.6pp |
| Employer contribution / active EE | $635 | $2,018-68.6% | $3,237-80.4% | $2,098-69.8% |
| Participant deferral / active EE | $1,721 | $5,041-65.9% | $4,991-65.5% | $3,265-47.3% |
| Admin fee / account holder | $115 | $630-81.7% | $5,635-98.0% | $92+24.9% |