Filed July 7, 2016 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $540,122 |
Service code 27 · EIN 53-0181291 | Advisory (Plan) | $56,945 |
MERCER5+ years Filed as: MERCER (US) INC. Service code 50 · EIN 13-2834414 | Direct Payment | $54,939 |
DELOITTE & TOUCHE LLP1 year Service code 10 · EIN 13-3891517 | Accounting | $40,008 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $95,829 | $106,734-10.2% | $75,906+26.2% | $89,609+6.9% |
| Participation rate | 60.9% | 65.6%-4.7pp | 69.3%-8.4pp | 69.6%-8.7pp |
| Annual return | 20.59% | 24.20%-3.6pp | 30.73%-10.1pp | 33.65%-13.1pp |
| Employer contribution / active EE | $1,439 | $3,939-63.5% | $2,501-42.5% | $2,584-44.3% |
| Participant deferral / active EE | $2,968 | $3,965-25.2% | $3,604-17.7% | $4,222-29.7% |
| Admin fee / account holder | $62 | $80-22.1% | $5,421-98.8% | $72-12.8% |