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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $7,139 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269 | Other Services | $5,329 |
Filed as: WILSHIRE ASSOCIATE INCORPORATED Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $63,563 | $69,383-8.4% | $101,275-37.2% | $73,497-13.5% |
| Participation rate | 16.4% | 68.4%-51.9pp | 75.8%-59.4pp | 70.7%-54.2pp |
| Annual return | 18.56% | 18.46%+0.1pp | 46.48%-27.9pp | 28.51%-10.0pp |
| Employer contribution / active EE | $654 | $2,628-75.1% | $3,660-82.1% | $2,270-71.2% |
| Participant deferral / active EE | $1,155 | $3,301-65.0% | $4,371-73.6% | $3,740-69.1% |
| Admin fee / account holder | $286 | $704-59.4% | $5,948-95.2% | $513-44.3% |