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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $134,839 |
BAKER TILLY US, LLP1 year Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP Service code 10 · EIN 39-1908691 | Accounting | $13,500 |
RBC WEALTH MANAGEMENT5+ years Service code 33 60 SOUTH 6T ST · MINNEAPOLIS, MN 554024422 | Securities brokerage; Direct payment ... | $7,290 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $327,593 | $89,652+265.4% | $141,197+132.0% | $65,186+402.5% |
| Participation rate | 99.1% | 74.7%+24.4pp | 82.5%+16.7pp | 70.2%+28.9pp |
| Annual return | 23.15% | 32.79%-9.6pp | 71.41%-48.3pp | 29.39%-6.2pp |
| Employer contribution / active EE | $13,541 | $3,065+341.8% | $4,736+185.9% | $2,177+522.1% |
| Participant deferral / active EE | $11,737 | $5,691+106.2% | $6,710+74.9% | $3,514+234.0% |
| Admin fee / account holder | $519 | $569-8.7% | $10,265-94.9% | $847-38.7% |