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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS FINANCIAL Service code 27 ONE NORTH JEFFERSON AVE · ST LOUIS, MO 63103 | Advisory (Plan) | $56,644 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 | $117,560 | $51,226+129.5% | $82,744+42.1% | $66,938+75.6% |
| Participation rate | 100.0% | 67.9%+32.1pp | 72.6%+27.4pp | 69.8%+30.2pp |
| Annual return | -19.96% | -9.61%-10.3pp | 702.22%-722.2pp | 1.58%-21.5pp |
| Employer contribution / active EE | $4,937 | $2,612+89.0% | $3,008+64.1% | $2,545+94.0% |
| Participant deferral / active EE | $7,851 | $3,460+126.9% | $4,395+78.7% | $4,238+85.3% |
| Admin fee / account holder | $303 | $416-27.2% | $5,325-94.3% | $594-49.0% |