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 | $204,427 |
MERCER5+ years Filed as: MERCER INVESTMENT CONSULTING Service code 50 · EIN 13-2834414 | Direct Payment | $63,938 |
DELOITTE & TOUCHE LLP1 year Service code 10 · EIN 13-3891517 | Accounting | $40,008 |
Service code 27 · EIN 53-0181291 | Advisory (Plan) | $15,691 |
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 | $67,207 | $82,204-18.2% | $182,575-63.2% | $82,204-18.2% |
| Participation rate | 45.4% | 73.4%-28.0pp | 78.0%-32.5pp | 73.4%-28.0pp |
| Annual return | 22.00% | 26.31%-4.3pp | 148.60%-126.6pp | 26.31%-4.3pp |
| Employer contribution / active EE | $997 | $2,707-63.2% | $4,077-75.5% | $2,707-63.2% |
| Participant deferral / active EE | $2,163 | $4,246-49.1% | $5,526-60.9% | $4,246-49.1% |
| Admin fee / account holder | $81 | $76+7.3% | $8,595-99.1% | $76+7.3% |