Filed June 23, 2025
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $154,610 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $67,046 | $69,159-3.1% | $125,195-46.4% | $67,584-0.8% |
| Participation rate | 99.3% | 78.2%+21.1pp | 79.8%+19.5pp | 71.3%+28.0pp |
| Annual return | 23.46% | 27.12%-3.7pp | 43.79%-20.3pp | 378.59%-355.1pp |
| Employer contribution / active EE | $1,273 | $2,023-37.1% | $3,866-67.1% | $2,148-40.7% |
| Participant deferral / active EE | $3,937 | $3,700+6.4% | $4,937-20.3% | $3,540+11.2% |
| Admin fee / account holder | $184 | $142+29.7% | $9,704-98.1% | $142+29.2% |