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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3 years Service code 15 · EIN 94-1347393 | Recordkeeping | $44,054 |
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 | $79,987 | $73,404+9.0% | $87,102-8.2% | $67,579+18.4% |
| Participation rate | 58.5% | 80.9%-22.4pp | 76.9%-18.4pp | 71.3%-12.8pp |
| Annual return | 19.31% | 48.29%-29.0pp | 28.19%-8.9pp | 378.56%-359.2pp |
| Employer contribution / active EE | $1,822 | $2,014-9.5% | $2,521-27.7% | $2,148-15.2% |
| Participant deferral / active EE | $3,480 | $3,913-11.1% | $4,048-14.0% | $3,539-1.7% |
| Admin fee / account holder | $211 | $142+48.9% | $7,491-97.2% | $142+48.1% |