Filed February 26, 2015 (most recent of 3 filings on file)
Total covered: 6 employees
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $180,493 |
WELLS FARGO BANK, N.A.7+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $130,440 |
MERCER2 years Filed as: MERCER INVESTMENTS LLC Service code 13 · EIN 13-2834414 | Contract Administrator | $53,838 |
EIDE BAILLY LLP6 years Service code 13 · EIN 27-0383995 | Contract Administrator | $14,000 |
DORSEY & WHITNEY LLP1 year Service code 27 · EIN 41-0223337 | Advisory (Plan) | $1,130 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $110,804 | $211,459-47.6% | $119,237-7.1% | $93,010+19.1% |
| Participation rate | 93.7% | 94.1%-0.4pp | 82.7%+11.0pp | 73.9%+19.8pp |
| Annual return | 14.91% | 39.10%-24.2pp | 30.70%-15.8pp | 158.70%-143.8pp |
| Employer contribution / active EE | $3,065 | $5,958-48.6% | $4,383-30.1% | $2,705+13.3% |
| Participant deferral / active EE | $5,726 | $9,654-40.7% | $6,112-6.3% | $4,561+25.6% |
| Admin fee / account holder | $109 | $124-11.7% | $7,229-98.5% | $152-28.0% |