Filed August 10, 2022 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.5 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 48-1305000 | Advisory (Plan) | $74,977 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $59,248 |
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 | $130,521 | $99,168+31.6% | $96,576+35.1% | $74,440+75.3% |
| Participation rate | 94.7% | 80.7%+14.0pp | 76.0%+18.7pp | 70.7%+24.0pp |
| Annual return | 14.14% | 22.40%-8.3pp | 25.87%-11.7pp | 34.37%-20.2pp |
| Employer contribution / active EE | $4,513 | $2,570+75.6% | $2,965+52.2% | $2,638+71.1% |
| Participant deferral / active EE | $11,295 | $4,936+128.8% | $4,851+132.8% | $4,529+149.4% |
| Admin fee / account holder | $293 | $225+30.4% | $8,253-96.4% | $348-15.7% |