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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 27 · EIN 34-1542819 | Advisory (Plan) | $7,744 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $3,212 |
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 | $12,338 | $54,045-77.2% | $115,170-89.3% | $65,185-81.1% |
| Participation rate | 100.0% | 63.5%+36.5pp | 75.9%+24.1pp | 70.2%+29.8pp |
| Annual return | 37.37% | 26.55%+10.8pp | 35.60%+1.8pp | 29.38%+8.0pp |
| Employer contribution / active EE | $1,708 | $1,653+3.3% | $3,179-46.3% | $2,177-21.6% |
| Participant deferral / active EE | $3,017 | $2,504+20.5% | $4,169-27.6% | $3,514-14.1% |
| Admin fee / account holder | $16 | $626-97.4% | $7,089-99.8% | $847-98.1% |