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 62 · EIN 94-1347393 | Float revenue; Recordkeeping fees | $0 |
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 | $54,243 | $122,709-55.8% | $88,497-38.7% | $57,661-5.9% |
| Participation rate | 99.6% | 89.9%+9.7pp | 82.4%+17.2pp | 70.2%+29.4pp |
| Annual return | 57.15% | 10.63%+46.5pp | 7.63%+49.5pp | 5.13%+52.0pp |
| Employer contribution / active EE | $0 | $4,531-100.0% | $4,036-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $0 | $6,704-100.0% | $4,899-100.0% | $3,061-100.0% |
| Admin fee / account holder | $1 | $93-98.9% | $6,220-100.0% | $95-98.9% |