Filed January 26, 2017 (most recent of 4 filings on file)
Total covered: 25 employees
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.7+ years Filed as: WELLS FARGO Service code 15 · EIN 94-1347393 | Recordkeeping | $334,321 |
Filed as: PRINCIPAL Service code 15 · EIN 42-1520346 | Recordkeeping | $60,484 |
RSM US LLP7+ years Service code 15 · EIN 42-0714325 | Recordkeeping | $17,430 |
Annual investment return is in the bottom quintile of the peer cohort.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $82,186-100.0% | $2,286,405-100.0% | $82,186-100.0% |
| Participation rate | 0.0% | 3.6%-3.6pp | 10.5%-10.5pp | 3.6%-3.6pp |
| Annual return | -1.69% | 11.84%-13.5pp | 4.92%-6.6pp | 11.84%-13.5pp |
| Employer contribution / active EE | $0 | $17,339-100.0% | $39,114-100.0% | $17,339-100.0% |
| Participant deferral / active EE | $0 | $683-100.0% | $79-100.0% | $683-100.0% |
| Admin fee / account holder | $0 | $409-100.0% | $0 | $409-100.0% |