Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $20,442 |
Service code 37 · EIN 04-2647786 | Loan Processing | $156 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $82,224 | $48,576+69.3% | $169,452-51.5% | $56,287+46.1% |
| Participation rate | 46.6% | 65.8%-19.2pp | 77.8%-31.2pp | 69.9%-23.2pp |
| Annual return | -7.28% | -2.51%-4.8pp | 1.83%-9.1pp | -9.96%+2.7pp |
| Employer contribution / active EE | $2 | $1,559-99.9% | $4,157-100.0% | $2,111-99.9% |
| Participant deferral / active EE | $7,072 | $3,275+115.9% | $5,277+34.0% | $3,350+111.1% |
| Admin fee / account holder | $2 | $435-99.6% | $9,110-100.0% | $521-99.7% |