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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4 years Service code 15 · EIN 94-1347393 | Recordkeeping | $56,454 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $104,445 | $79,519+31.3% | $95,960+8.8% | $73,412+42.3% |
| Participation rate | 59.1% | 81.2%-22.1pp | 77.1%-18.0pp | 72.2%-13.1pp |
| Annual return | 44.46% | 19.20%+25.3pp | 91.63%-47.2pp | 59.30%-14.8pp |
| Employer contribution / active EE | $2,285 | $2,048+11.6% | $2,541-10.1% | $2,234+2.3% |
| Participant deferral / active EE | $4,217 | $4,138+1.9% | $4,167+1.2% | $3,806+10.8% |
| Admin fee / account holder | $264 | $184+43.3% | $6,797-96.1% | $158+67.3% |