Filed August 10, 2022 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.6 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 48-1305000 | Advisory (Plan) | $75,316 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $44,512 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $160,378 | $89,123+80.0% | $102,460+56.5% | $77,762+106.2% |
| Participation rate | 94.7% | 80.9%+13.8pp | 76.5%+18.2pp | 70.6%+24.1pp |
| Annual return | 10.84% | 25.05%-14.2pp | 29.47%-18.6pp | 31.27%-20.4pp |
| Employer contribution / active EE | $4,937 | $2,700+82.9% | $3,025+63.2% | $2,728+81.0% |
| Participant deferral / active EE | $12,060 | $5,148+134.3% | $5,056+138.5% | $4,651+159.3% |
| Admin fee / account holder | $285 | $236+21.0% | $9,460-97.0% | $433-34.1% |