Filed January 10, 2017
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS FIN. NETWORK Service code 27 · EIN 59-2937883 | Advisory (Plan) | $34,052 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $110,871 | $52,507+111.2% | $129,406-14.3% | $74,478+48.9% |
| Participation rate | 88.7% | 53.9%+34.8pp | 69.6%+19.0pp | 67.2%+21.5pp |
| Annual return | 12.12% | 15.64%-3.5pp | 9468.18%-9456.1pp | 1370.56%-1358.4pp |
| Employer contribution / active EE | $4,348 | $1,534+183.4% | $4,155+4.6% | $2,626+65.5% |
| Participant deferral / active EE | $5,905 | $2,801+110.8% | $4,167+41.7% | $4,350+35.7% |
| Admin fee / account holder | $4 | $2,639-99.9% | $7,689-100.0% | $1,946-99.8% |