| 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 | $270,862 |
Service code 13 · EIN 45-0173185 | Contract Administrator | $193,500 |
ANDERSON, HELGEN, DAVIS & CEFALU1+ years Filed as: ANDERSON, HELGEN DAVIS & CEFALU Service code 29 · EIN 26-3644998 | Legal | $53,465 |
CHARTWELL BENEFITS CONSULTING1+ years Service code 17 · EIN 41-2013371 | Pension Consulting | $24,100 |
LEGACY PROFESSIONALS LLP1+ years Service code 10 · EIN 32-0043599 | Accounting | $18,735 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,716 | $55,516+52.6% | $75,784+11.8% | $59,188+43.1% |
| Participation rate | 100.0% | 73.6%+26.4pp | 75.8%+24.2pp | 69.4%+30.6pp |
| Annual return | -0.50% | -1.89%+1.4pp | 9.68%-10.2pp | 5.51%-6.0pp |
| Employer contribution / active EE | $4,334 | $2,604+66.5% | $3,323+30.4% | $2,098+106.6% |
| Participant deferral / active EE | $509 | $2,599-80.4% | $3,652-86.1% | $3,265-84.4% |
| Admin fee / account holder | $193 | $110+75.8% | $5,300-96.4% | $92+109.7% |