| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $698,194 |
CAPFINANCIAL PARTNERS LLC2+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-2018846 | Advisory (Plan) | $112,500 |
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 | $11,887 | $38,032-68.7% | $87,502-86.4% | $329,111-96.4% |
| Participation rate | 29.8% | 43.3%-13.6pp | 73.8%-44.1pp | 67.9%-38.1pp |
| Annual return | 7.40% | 7.09%+0.3pp | 12.21%-4.8pp | 16.35%-8.9pp |
| Employer contribution / active EE | $475 | $677-29.8% | $2,550-81.4% | $2,303-79.4% |
| Participant deferral / active EE | $169 | $1,260-86.6% | $3,149-94.6% | $3,682-95.4% |
| Admin fee / account holder | $50 | $50+0.2% | $4,221-98.8% | $754-93.4% |