Filed August 1, 2006
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $187,963 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
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 | $13,307 | $41,256-67.7% | $86,593-84.6% | $77,958-82.9% |
| Participation rate | 10.7% | 63.0%-52.3pp | 73.5%-62.9pp | 71.6%-61.0pp |
| Annual return | -81.43% | 17.67%-99.1pp | 965.08%-1046.5pp | 20.87%-102.3pp |
| Employer contribution / active EE | $747 | $1,613-53.7% | $2,840-73.7% | $2,310-67.7% |
| Participant deferral / active EE | $1,289 | $2,332-44.7% | $3,609-64.3% | $3,537-63.6% |
| Admin fee / account holder | $286 | $71+304.5% | $4,904-94.2% | $97+194.0% |