| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $3,269,770 |
CAPFINANCIAL PARTNERS LLC6+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-2018846 | Advisory (Plan) | $187,500 |
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.
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 | $18,133 | $49,890-63.7% | $104,656-82.7% | $106,273-82.9% |
| Participation rate | 43.8% | 45.0%-1.2pp | 74.1%-30.2pp | 70.8%-27.0pp |
| Annual return | 13.60% | 18.07%-4.5pp | 340.70%-327.1pp | 21.70%-8.1pp |
| Employer contribution / active EE | $270 | $809-66.6% | $2,682-89.9% | $2,722-90.1% |
| Participant deferral / active EE | $456 | $1,699-73.2% | $3,738-87.8% | $4,601-90.1% |
| Admin fee / account holder | $72 | $56+28.7% | $6,466-98.9% | $78-7.6% |