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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $19,423 |
Service code 37 · EIN 04-2647786 | Loan Processing | $8,759 |
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 | $45,072 | $65,453-31.1% | $86,698-48.0% | $66,938-32.7% |
| Participation rate | 59.5% | 75.5%-16.0pp | 76.6%-17.1pp | 69.8%-10.3pp |
| Annual return | -10.55% | -10.89%+0.3pp | 35.95%-46.5pp | 1.58%-12.1pp |
| Employer contribution / active EE | $1,001 | $2,154-53.5% | $2,837-64.7% | $2,545-60.7% |
| Participant deferral / active EE | $3,417 | $4,102-16.7% | $4,656-26.6% | $4,238-19.4% |
| Admin fee / account holder | $58 | $642-91.0% | $7,493-99.2% | $594-90.3% |