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.4+ years Filed as: WELLS FARGO, BANK N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $284,620 |
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 | $33,578 | $32,284+4.0% | $74,550-55.0% | $68,904-51.3% |
| Participation rate | 54.3% | 58.1%-3.8pp | 69.1%-14.9pp | 74.1%-19.8pp |
| Annual return | -4.63% | -4.24%-0.4pp | 32.53%-37.2pp | 1.07%-5.7pp |
| Employer contribution / active EE | $204 | $782-73.9% | $1,961-89.6% | $2,540-92.0% |
| Participant deferral / active EE | $1,135 | $1,518-25.2% | $3,108-63.5% | $4,015-71.7% |
| Admin fee / account holder | $90 | $72+25.4% | $5,060-98.2% | $71+26.9% |