Filed April 30, 2018
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Service code 15 · EIN 94-1347393 | Recordkeeping | $1,627 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS WBS Service code 27 · EIN 56-0898180 | Advisory (Plan) | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $49,009 | $58,093-15.6% | $80,022-38.8% | $56,287-12.9% |
| Participation rate | 91.6% | 73.6%+18.0pp | 75.8%+15.8pp | 69.9%+21.7pp |
| Annual return | -4.46% | 34.63%-39.1pp | 11.22%-15.7pp | -9.96%+5.5pp |
| Employer contribution / active EE | $1,108 | $1,933-42.7% | $2,468-55.1% | $2,111-47.5% |
| Participant deferral / active EE | $2,873 | $3,136-8.4% | $3,686-22.1% | $3,350-14.2% |
| Admin fee / account holder | $290 | $623-53.5% | $6,521-95.6% | $521-44.4% |