| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $1,633,327 |
CAPFINANCIAL PARTNERS LLC3+ 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $14,606 | $41,409-64.7% | $94,993-84.6% | $80,976-82.0% |
| Participation rate | 40.1% | 46.1%-5.9pp | 73.9%-33.8pp | 68.3%-28.1pp |
| Annual return | 68.12% | 18.00%+50.1pp | 27.14%+41.0pp | 22.91%+45.2pp |
| Employer contribution / active EE | $635 | $698-9.0% | $2,603-75.6% | $2,402-73.6% |
| Participant deferral / active EE | $386 | $1,441-73.2% | $3,317-88.4% | $3,848-90.0% |
| Admin fee / account holder | $39 | $48-18.1% | $4,960-99.2% | $67-41.6% |