Filed September 6, 2018 (most recent of 3 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $384,166 |
CAPFINANCIAL PARTNERS LLC2 years Service code 27 P O BOX 600071 · RALEIGH, NC 276756071 | Advisory (Plan) | $45,000 |
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 | $32,557 | $38,510-15.5% | $74,549-56.3% | $73,367-55.6% |
| Participation rate | 32.8% | 53.5%-20.7pp | 69.1%-36.3pp | 69.5%-36.6pp |
| Annual return | -2.97% | -0.94%-2.0pp | 32.54%-35.5pp | 173.45%-176.4pp |
| Employer contribution / active EE | $0 | $774-100.0% | $1,961-100.0% | $2,499-100.0% |
| Participant deferral / active EE | $949 | $1,421-33.2% | $3,108-69.5% | $4,033-76.5% |
| Admin fee / account holder | $74 | $52+42.1% | $5,059-98.5% | $68+7.9% |