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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 15 · EIN 48-1305000 | Recordkeeping | $21,960 |
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $2,510 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $41,293 | $46,297-10.8% | $71,671-42.4% | $62,293-33.7% |
| Participation rate | 60.3% | 60.6%-0.3pp | 68.7%-8.4pp | 69.5%-9.2pp |
| Annual return | 22.11% | 22.32%-0.2pp | 20.65%+1.5pp | 28.90%-6.8pp |
| Employer contribution / active EE | $1,039 | $1,412-26.4% | $2,460-57.8% | $2,042-49.1% |
| Participant deferral / active EE | $3,623 | $2,235+62.1% | $3,438+5.4% | $3,169+14.3% |
| Admin fee / account holder | $185 | $461-59.8% | $5,558-96.7% | $479-61.3% |