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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.7 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $77,012 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$31,494 |
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 | $71,940 | $44,626+61.2% | $86,209-16.6% | $80,149-10.2% |
| Participation rate | 37.9% | 63.5%-25.7pp | 69.0%-31.1pp | 72.9%-35.1pp |
| Annual return | 15.72% | 19.61%-3.9pp | 1169.05%-1153.3pp | 40.39%-24.7pp |
| Employer contribution / active EE | $789 | $1,099-28.2% | $2,381-66.9% | $2,977-73.5% |
| Participant deferral / active EE | $1,879 | $2,769-32.1% | $3,986-52.9% | $5,015-62.5% |
| Admin fee / account holder | -$61 | $133-145.8% | $6,853-100.9% | $145-142.1% |