Filed February 26, 2015 (most recent of 3 filings on file)
Total covered: 6 employees
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $290,748 |
EIDE BAILLY LLP1 year Service code 10 · EIN 45-0250958 | Accounting | $13,200 |
JEFFREY SLOCUM & ASSOCIATES2+ years Filed as: JEFFREY SLOCUM & ASSOCIATES, INC. Service code 27 · EIN 41-1567437 | Advisory (Plan) | $5,608 |
Employer contribution per participant 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 | $72,075 | $144,604-50.2% | $88,497-18.6% | $63,975+12.7% |
| Participation rate | 92.0% | 91.8%+0.1pp | 82.4%+9.6pp | 71.1%+20.8pp |
| Annual return | 10.02% | 9.63%+0.4pp | 7.63%+2.4pp | 48.65%-38.6pp |
| Employer contribution / active EE | $1,782 | $4,008-55.5% | $4,036-55.9% | $2,182-18.3% |
| Participant deferral / active EE | $4,663 | $7,027-33.6% | $4,899-4.8% | $3,356+38.9% |
| Admin fee / account holder | $109 | $78+38.6% | $6,220-98.3% | $70+54.3% |