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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $10,232 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $38,014 | $47,078-19.3% | $100,671-62.2% | $55,191-31.1% |
| Participation rate | 44.1% | 58.0%-14.0pp | 70.7%-26.7pp | 69.2%-25.1pp |
| Annual return | -2.67% | 0.65%-3.3pp | 20.43%-23.1pp | 10.78%-13.4pp |
| Employer contribution / active EE | $921 | $1,065-13.6% | $4,012-77.1% | $1,899-51.5% |
| Participant deferral / active EE | $1,237 | $2,038-39.3% | $3,144-60.7% | $3,046-59.4% |
| Admin fee / account holder | $156 | $153+1.8% | $4,850-96.8% | $91+71.8% |