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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.6 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $22,409 |
Service code 37 · EIN 04-2647786 | Loan Processing | $919 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,016 | $47,180+50.5% | $149,723-52.6% | $74,473-4.6% |
| Participation rate | 22.6% | 63.4%-40.8pp | 78.8%-56.2pp | 70.7%-48.1pp |
| Annual return | 18.62% | 22.75%-4.1pp | 134.50%-115.9pp | 34.36%-15.7pp |
| Employer contribution / active EE | $135 | $1,907-92.9% | $4,821-97.2% | $2,638-94.9% |
| Participant deferral / active EE | $1,422 | $2,730-47.9% | $5,682-75.0% | $4,530-68.6% |
| Admin fee / account holder | $188 | $343-45.2% | $13,215-98.6% | $347-45.8% |