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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SVCS (WF ADVS) Service code 27 · EIN 34-1542819 | Advisory (Plan) | $5,212 |
Filed as: DYATECH, LLC Service code 13 | Contract Administrator | $4,947 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $1,802 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARAING SVCS (WF ADVS Service code 27 | Advisory (Plan) | $750 |
Filed as: DYATECH LLC Service code 13 · EIN 64-0936231 | Contract Administrator | $500 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,735 | $100,801-48.7% | $149,696-65.4% | $73,409-29.5% |
| Participation rate | 52.9% | 77.7%-24.8pp | 82.5%-29.6pp | 72.2%-19.3pp |
| Annual return | 21.49% | 265.34%-243.8pp | 276.60%-255.1pp | 59.29%-37.8pp |
| Employer contribution / active EE | $2,477 | $3,312-25.2% | $4,644-46.7% | $2,234+10.9% |
| Participant deferral / active EE | $5,191 | $6,404-18.9% | $6,842-24.1% | $3,805+36.4% |
| Admin fee / account holder | $0 | $181-100.0% | $9,309-100.0% | $158-100.0% |