Filed May 9, 2019
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO BANK NA Service code 15 · EIN 94-1347393 | Recordkeeping | $122,826 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$8,735 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,871 | $144,879-31.1% | $111,319-10.3% | $93,010+7.4% |
| Participation rate | 72.7% | 86.1%-13.4pp | 77.3%-4.6pp | 73.9%-1.2pp |
| Annual return | 15.97% | 18.11%-2.1pp | 54.68%-38.7pp | 158.70%-142.7pp |
| Employer contribution / active EE | $1,832 | $3,052-40.0% | $2,732-32.9% | $2,705-32.3% |
| Participant deferral / active EE | $3,938 | $5,576-29.4% | $4,488-12.2% | $4,561-13.7% |
| Admin fee / account holder | $28 | $104-73.1% | $7,966-99.6% | $152-81.6% |