Filed February 26, 2015 (most recent of 3 filings on file)
Total covered: 6 employees
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $224,574 |
MERCER1 year Filed as: MERCER INVESTMENTS LLC Service code 27 · EIN 30-0282430 | Advisory (Plan) | $65,145 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,939 | $187,277-41.8% | $112,977-3.6% | $90,274+20.7% |
| Participation rate | 93.8% | 91.6%+2.2pp | 82.6%+11.2pp | 73.4%+20.4pp |
| Annual return | 17.73% | 26.33%-8.6pp | 24.24%-6.5pp | 53.97%-36.2pp |
| Employer contribution / active EE | $2,534 | $5,263-51.8% | $4,255-40.4% | $2,523+0.4% |
| Participant deferral / active EE | $5,870 | $8,833-33.5% | $5,836+0.6% | $4,231+38.8% |
| Admin fee / account holder | $94 | $102-7.9% | $6,294-98.5% | $114-18.0% |