Filed May 9, 2019
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $290,260 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $55,726 | $80,211-30.5% | $74,184-24.9% | $63,975-12.9% |
| Participation rate | 58.7% | 84.2%-25.5pp | 76.6%-17.9pp | 71.1%-12.5pp |
| Annual return | 7.60% | 14.13%-6.5pp | 17.74%-10.1pp | 48.65%-41.0pp |
| Employer contribution / active EE | $1,330 | $2,553-47.9% | $2,370-43.9% | $2,182-39.0% |
| Participant deferral / active EE | $2,417 | $4,370-44.7% | $3,550-31.9% | $3,356-28.0% |
| Admin fee / account holder | $86 | $67+28.1% | $5,586-98.5% | $70+22.2% |