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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2 years Service code 15 · EIN 94-1347393 | Recordkeeping | $42,744 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $71,188 | $65,118+9.3% | $76,768-7.3% | $55,725+27.7% |
| Participation rate | 54.4% | 79.6%-25.2pp | 77.0%-22.6pp | 70.9%-16.5pp |
| Annual return | -5.22% | -1.27%-4.0pp | 2.43%-7.7pp | 244.93%-250.2pp |
| Employer contribution / active EE | $1,565 | $1,941-19.4% | $2,485-37.0% | $2,078-24.7% |
| Participant deferral / active EE | $3,375 | $3,688-8.5% | $3,852-12.4% | $3,356+0.6% |
| Admin fee / account holder | $217 | $116+87.3% | $6,675-96.7% | $115+88.4% |