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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO BANK N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $26,466 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $35,954 | $37,884-5.1% | $79,467-54.8% | $75,289-52.2% |
| Participation rate | 36.4% | 65.0%-28.6pp | 73.3%-36.9pp | 72.4%-36.0pp |
| Annual return | 7.69% | 1.06%+6.6pp | 718.30%-710.6pp | -0.04%+7.7pp |
| Employer contribution / active EE | $682 | $1,680-59.4% | $2,800-75.6% | $2,405-71.6% |
| Participant deferral / active EE | $1,119 | $2,569-56.4% | $3,704-69.8% | $3,739-70.1% |
| Admin fee / account holder | $119 | $77+56.1% | $5,104-97.7% | $102+16.8% |