Filed August 10, 2022 (most recent of 2 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 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $30,555 |
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 48-1305000 | Advisory (Plan) | $29,995 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $111,743 | $72,303+54.5% | $86,698+28.9% | $64,819+72.4% |
| Participation rate | 89.6% | 80.4%+9.2pp | 76.6%+13.0pp | 71.5%+18.1pp |
| Annual return | -15.63% | 392.77%-408.4pp | 35.95%-51.6pp | 32.84%-48.5pp |
| Employer contribution / active EE | $3,829 | $2,393+60.0% | $2,837+35.0% | $2,507+52.7% |
| Participant deferral / active EE | $9,995 | $4,660+114.5% | $4,656+114.7% | $4,311+131.9% |
| Admin fee / account holder | $711 | $174+308.8% | $7,493-90.5% | $188+278.7% |