| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $464,534 |
CAPFINANCIAL PARTNERS LLC1+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-2018846 | Advisory (Plan) | $150,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $10,583 | $38,315-72.4% | $80,004-86.8% | $69,651-84.8% |
| Participation rate | 63.3% | 43.0%+20.3pp | 73.0%-9.7pp | 66.6%-3.3pp |
| Annual return | -0.09% | -2.06%+2.0pp | 7.63%-7.7pp | 53.77%-53.9pp |
| Employer contribution / active EE | $1,189 | $783+51.9% | $2,473-51.9% | $2,241-46.9% |
| Participant deferral / active EE | $352 | $1,495-76.5% | $3,204-89.0% | $3,635-90.3% |
| Admin fee / account holder | $48 | $48-1.2% | $5,033-99.0% | $63-24.3% |