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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $69,407 |
Service code 37 · EIN 04-2647786 | Loan Processing | $54,601 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,624 | $82,163-16.5% | $125,381-45.3% | $64,819+5.9% |
| Participation rate | 95.6% | 77.9%+17.7pp | 82.4%+13.2pp | 71.5%+24.1pp |
| Annual return | -3.35% | 3.49%-6.8pp | 572.31%-575.7pp | 32.84%-36.2pp |
| Employer contribution / active EE | $3,700 | $3,616+2.3% | $4,815-23.2% | $2,507+47.6% |
| Participant deferral / active EE | $7,668 | $7,175+6.9% | $7,448+3.0% | $4,311+77.9% |
| Admin fee / account holder | $366 | $163+124.1% | $10,007-96.3% | $188+94.8% |