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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO BANK N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $8,814 |
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $391,309 | $46,360+744.1% | $147,617+165.1% | $52,331+647.8% |
| Participation rate | 98.4% | 64.9%+33.4pp | 84.6%+13.8pp | 68.1%+30.3pp |
| Annual return | -3.27% | 1.62%-4.9pp | 61.98%-65.2pp | 4.54%-7.8pp |
| Employer contribution / active EE | $9,317 | $2,126+338.2% | $5,564+67.4% | $1,882+395.1% |
| Participant deferral / active EE | $5,232 | $2,258+131.8% | $4,895+6.9% | $3,022+73.1% |
| Admin fee / account holder | $218 | $766-71.6% | $11,612-98.1% | $592-63.2% |