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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS, LLC Service code 26 · EIN 34-1542819 13200 FOUNTAINHEAD PLAZA · HAGERSTOWN, MD 21742 | Advisory (Participants) | $4,971 |
Filed as: WILSHIRE ASSOCIATES, INC. (USA) Service code 26 · EIN 95-2755361 1299 OCEAN AVE · SANTA MONICA, CA 90401 | Advisory (Participants) | $398 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $225 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,297 | $54,590-51.8% | $81,930-67.9% | $73,488-64.2% |
| Participation rate | 59.1% | 68.3%-9.2pp | 72.0%-12.9pp | 70.7%-11.5pp |
| Annual return | 15.59% | 17.74%-2.1pp | 29.49%-13.9pp | 28.51%-12.9pp |
| Employer contribution / active EE | $294 | $1,636-82.0% | $4,310-93.2% | $2,270-87.1% |
| Participant deferral / active EE | $1,368 | $2,759-50.4% | $7,107-80.7% | $3,740-63.4% |
| Admin fee / account holder | $265 | $592-55.3% | $5,158-94.9% | $513-48.4% |