Filed February 24, 2016 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $157,016 |
WELLS FARGO BANK, N.A.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $134,351 |
ALSTON & BIRD LLP4+ years Filed as: ALSTON & BIRD Service code 29 · EIN 58-0137615 | Legal | $13,203 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $696 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,669 | $104,165-67.7% | $96,188-65.0% | $106,520-68.4% |
| Participation rate | 5.6% | 31.3%-25.7pp | 68.4%-62.9pp | 71.3%-65.7pp |
| Annual return | 15.86% | 25.28%-9.4pp | 192.12%-176.3pp | 19.28%-3.4pp |
| Employer contribution / active EE | $1 | $599-99.9% | $2,800-100.0% | $2,840-100.0% |
| Participant deferral / active EE | $603 | $1,572-61.6% | $4,350-86.1% | $4,948-87.8% |
| Admin fee / account holder | $55 | $98-43.4% | $5,538-99.0% | $75-25.6% |