Filed January 21, 2025
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $149,828 |
MORNINGSTAR6+ years Filed as: MORNINGSTAR ASSOCIATES, LLC Service code 27 · EIN 36-4317381 | Advisory (Plan) | $12,554 |
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $261,758 | $85,135+207.5% | $98,920+164.6% | $73,415+256.5% |
| Participation rate | 94.7% | 81.1%+13.6pp | 76.0%+18.7pp | 72.2%+22.6pp |
| Annual return | 20.08% | 19.14%+0.9pp | 196.47%-176.4pp | 59.30%-39.2pp |
| Employer contribution / active EE | $3,668 | $2,721+34.8% | $2,689+36.4% | $2,234+64.2% |
| Participant deferral / active EE | $7,671 | $4,349+76.4% | $4,245+80.7% | $3,806+101.5% |
| Admin fee / account holder | $298 | $139+113.7% | $6,643-95.5% | $158+88.5% |