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 62 · EIN 94-1347393 | Recordkeeping fees; Float revenue | $0 |
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.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
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 | $38,828 | $112,315-65.4% | $81,367-52.3% | $55,191-29.6% |
| Participation rate | 99.9% | 88.0%+11.8pp | 82.3%+17.6pp | 69.2%+30.7pp |
| Annual return | -8.04% | 0.62%-8.7pp | -0.92%-7.1pp | 10.78%-18.8pp |
| Employer contribution / active EE | $0 | $4,239-100.0% | $3,930-100.0% | $1,899-100.0% |
| Participant deferral / active EE | $0 | $6,435-100.0% | $5,383-100.0% | $3,046-100.0% |
| Admin fee / account holder | $1 | $83-99.4% | $8,926-100.0% | $91-99.4% |