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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $138,839 |
MORNINGSTAR3+ years Filed as: MORNINGSTAR ASSOCIATES, LLC Service code 27 · EIN 36-4317381 | Advisory (Plan) | $8,259 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $96,900 | $45,324+113.8% | $122,354-20.8% | $69,631+39.2% |
| Participation rate | 92.3% | 59.9%+32.4pp | 71.6%+20.7pp | 70.7%+21.6pp |
| Annual return | 17.46% | 25.35%-7.9pp | 30.28%-12.8pp | 27571.02%-27553.6pp |
| Employer contribution / active EE | $1,515 | $1,230+23.2% | $4,051-62.6% | $2,032-25.5% |
| Participant deferral / active EE | $5,578 | $2,367+135.7% | $3,287+69.7% | $3,224+73.0% |
| Admin fee / account holder | $304 | $87+249.8% | $5,479-94.4% | $110+175.6% |