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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $39,921 |
Service code 37 · EIN 04-2647786 | Loan Processing | $30,341 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $76,574 | $89,652-14.6% | $141,191-45.8% | $65,185+17.5% |
| Participation rate | 74.8% | 74.7%0pp | 82.5%-7.7pp | 70.2%+4.6pp |
| Annual return | 26.62% | 32.79%-6.2pp | 71.41%-44.8pp | 29.38%-2.8pp |
| Employer contribution / active EE | $3,470 | $3,065+13.2% | $4,736-26.7% | $2,177+59.4% |
| Participant deferral / active EE | $8,237 | $5,691+44.7% | $6,710+22.8% | $3,514+134.4% |
| Admin fee / account holder | $404 | $569-29.0% | $10,264-96.1% | $847-52.3% |