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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS, LLC Service code 26 · EIN 34-1542819 | Advisory (Participants) | $14,420 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. Service code 15 · EIN 01-0233346 | Recordkeeping | $564 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,919 | $91,179-39.8% | $178,499-69.2% | $79,852-31.2% |
| Participation rate | 60.9% | 69.2%-8.3pp | 81.9%-21.0pp | 69.6%-8.7pp |
| Annual return | 14.38% | 24.19%-9.8pp | 151.10%-136.7pp | 31.72%-17.3pp |
| Employer contribution / active EE | $3,886 | $3,256+19.4% | $5,011-22.4% | $2,471+57.3% |
| Participant deferral / active EE | $6,840 | $3,236+111.4% | $5,202+31.5% | $3,740+82.9% |
| Admin fee / account holder | $504 | $6,749-92.5% | $13,986-96.4% | $5,306-90.5% |