Filed June 23, 2025
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $188,972 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $68,284 | $71,666-4.7% | $117,861-42.1% | $69,634-1.9% |
| Participation rate | 96.1% | 77.5%+18.5pp | 79.7%+16.4pp | 70.7%+25.4pp |
| Annual return | 18.64% | 18.86%-0.2pp | 335.11%-316.5pp | 27572.26%-27553.6pp |
| Employer contribution / active EE | $84 | $1,889-95.6% | $3,786-97.8% | $2,032-95.9% |
| Participant deferral / active EE | $3,462 | $3,340+3.7% | $4,482-22.8% | $3,224+7.4% |
| Admin fee / account holder | $229 | $120+90.6% | $8,021-97.1% | $110+107.7% |