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.4 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $16,555 |
Service code 37 · EIN 04-2647786 | Loan Processing | $16,189 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $21,749 | $35,123-38.1% | $93,515-76.7% | $73,412-70.4% |
| Participation rate | 47.3% | 68.3%-21.0pp | 66.8%-19.5pp | 72.2%-24.9pp |
| Annual return | 11.78% | 18.89%-7.1pp | 78.21%-66.4pp | 59.30%-47.5pp |
| Employer contribution / active EE | $796 | $1,247-36.2% | $2,077-61.7% | $2,234-64.4% |
| Participant deferral / active EE | $1,437 | $2,249-36.1% | $3,129-54.1% | $3,806-62.3% |
| Admin fee / account holder | $75 | $108-30.9% | $5,235-98.6% | $158-52.7% |