Filed February 22, 2021 (most recent of 4 filings on file)
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.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $7,340 |
Participant contribution per participant 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 | $37,942 | $96,403-60.6% | $93,621-59.5% | $77,775-51.2% |
| Participation rate | 88.7% | 87.6%+1.1pp | 75.8%+12.9pp | 73.2%+15.5pp |
| Annual return | 26.59% | 39.36%-12.8pp | 32.76%-6.2pp | 32.58%-6.0pp |
| Employer contribution / active EE | $1,028 | $3,616-71.6% | $2,719-62.2% | $2,504-59.0% |
| Participant deferral / active EE | $1,762 | $5,341-67.0% | $4,070-56.7% | $3,966-55.6% |
| Admin fee / account holder | $7 | $90-91.9% | $7,890-99.9% | $100-92.8% |