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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 15 · EIN 48-1305000 | Recordkeeping | $31,308 |
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $24,339 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,381 | $84,685-73.6% | $142,942-84.3% | $67,986-67.1% |
| Participation rate | 71.8% | 61.4%+10.4pp | 76.8%-5.0pp | 57.2%+14.6pp |
| Annual return | 13.12% | 35.89%-22.8pp | 113.70%-100.6pp | 31.67%-18.5pp |
| Employer contribution / active EE | $1,119 | $2,263-50.5% | $4,139-73.0% | $2,019-44.6% |
| Participant deferral / active EE | $2,089 | $3,832-45.5% | $7,128-70.7% | $3,358-37.8% |
| Admin fee / account holder | $282 | $3,229-91.3% | $12,475-97.7% | $3,203-91.2% |