Filed September 6, 2018 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $427,541 |
MERCER2+ years Filed as: MERCER INVESTMENT CONSULTING, INC. Service code 27 P O BOX 13793 · NEWARK, NJ 071880793 | Advisory (Plan) | $27,000 |
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 | $28,366 | $38,963-27.2% | $71,793-60.5% | $329,111-91.4% |
| Participation rate | 34.4% | 53.8%-19.4pp | 69.1%-34.8pp | 67.9%-33.5pp |
| Annual return | 6.26% | 9.85%-3.6pp | 78.04%-71.8pp | 16.35%-10.1pp |
| Employer contribution / active EE | $0 | $758-100.0% | $1,924-100.0% | $2,303-100.0% |
| Participant deferral / active EE | $922 | $1,286-28.3% | $2,794-67.0% | $3,682-75.0% |
| Admin fee / account holder | $71 | $50+41.5% | $4,815-98.5% | $754-90.5% |