Filed February 26, 2015 (most recent of 3 filings on file)
Total covered: 6 employees
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $168,948 |
JEFFREY SLOCUM & ASSOCIATES1+ years Filed as: JEFFREY SLOCUM & ASSOCIATES, INC. Service code 27 · EIN 41-1567437 | Advisory (Plan) | $13,975 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return 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).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $66,334 | $128,472-48.4% | $81,367-18.5% | $59,188+12.1% |
| Participation rate | 90.1% | 92.5%-2.4pp | 82.3%+7.8pp | 69.4%+20.7pp |
| Annual return | -1.62% | 1.24%-2.9pp | -0.92%-0.7pp | 5.51%-7.1pp |
| Employer contribution / active EE | $1,738 | $3,689-52.9% | $3,930-55.8% | $2,098-17.2% |
| Participant deferral / active EE | $4,456 | $6,963-36.0% | $5,383-17.2% | $3,265+36.5% |
| Admin fee / account holder | $139 | $71+95.1% | $8,926-98.4% | $92+50.9% |