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 | $52,450+111.4% | $129,339-14.3% | $74,400+49.0% |
| Participation rate | 88.7% | 53.8%+34.8pp | 69.6%+19.1pp | 67.2%+21.5pp |
| Annual return | 12.12% | 15.65%-3.5pp | 9437.05%-9424.9pp | 1367.51%-1355.4pp |
| Employer contribution / active EE | $4,348 | $1,532+183.8% | $4,154+4.7% | $2,624+65.7% |
| Participant deferral / active EE | $5,905 | $2,797+111.1% | $4,170+41.6% | $4,348+35.8% |
| Admin fee / account holder | $4 | $2,636-99.9% | $7,668-100.0% | $1,944-99.8% |