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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $20,537 |
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 34-1542819 | Advisory (Plan) | $6,895 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $4,673 | $46,173-89.9% | $170,435-97.3% | $69,631-93.3% |
| Participation rate | 81.5% | 63.9%+17.6pp | 83.6%-2.1pp | 70.7%+10.8pp |
| Annual return | 16.20% | 21.62%-5.4pp | 205.94%-189.7pp | 27571.02%-27554.8pp |
| Employer contribution / active EE | $190 | $1,610-88.2% | $5,432-96.5% | $2,032-90.6% |
| Participant deferral / active EE | $632 | $2,080-69.6% | $4,939-87.2% | $3,224-80.4% |
| Admin fee / account holder | $20 | $116-83.0% | $13,881-99.9% | $110-82.2% |