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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.6 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $76,840 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$11,938 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,068 | $39,973+60.3% | $79,580-19.5% | $77,906-17.8% |
| Participation rate | 36.3% | 64.6%-28.3pp | 69.5%-33.2pp | 73.7%-37.4pp |
| Annual return | -15.89% | 3.42%-19.3pp | 0.15%-16.0pp | 12.16%-28.1pp |
| Employer contribution / active EE | $755 | $1,088-30.6% | $2,413-68.7% | $2,846-73.5% |
| Participant deferral / active EE | $1,772 | $2,774-36.1% | $3,985-55.5% | $4,805-63.1% |
| Admin fee / account holder | -$24 | $113-121.6% | $6,835-100.4% | $133-118.4% |