Filed July 31, 1995
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO, BANK N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $195,484 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,521 | $30,072-8.5% | $64,105-57.1% | $67,505-59.2% |
| Participation rate | 62.6% | 59.4%+3.3pp | 68.2%-5.6pp | 71.2%-8.6pp |
| Annual return | -0.34% | 0.30%-0.6pp | 791.24%-791.6pp | 6.52%-6.9pp |
| Employer contribution / active EE | $181 | $725-75.0% | $1,820-90.1% | $2,173-91.7% |
| Participant deferral / active EE | $1,057 | $1,453-27.3% | $2,822-62.6% | $3,597-70.6% |
| Admin fee / account holder | $80 | $62+28.4% | $4,499-98.2% | $56+42.4% |