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.5+ years Filed as: WELLS FARGO, BANK N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $279,961 |
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 | $39,947 | $41,410-3.5% | $84,015-52.5% | $82,204-51.4% |
| Participation rate | 51.9% | 57.6%-5.7pp | 69.0%-17.1pp | 73.4%-21.5pp |
| Annual return | 20.30% | 21.09%-0.8pp | 71.31%-51.0pp | 26.31%-6.0pp |
| Employer contribution / active EE | $198 | $833-76.2% | $1,983-90.0% | $2,707-92.7% |
| Participant deferral / active EE | $1,169 | $1,628-28.2% | $3,239-63.9% | $4,246-72.5% |
| Admin fee / account holder | $78 | $89-11.8% | $6,101-98.7% | $76+3.6% |