Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $38,457 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $81,084 | $45,283+79.1% | $155,789-48.0% | $52,331+54.9% |
| Participation rate | 47.8% | 62.2%-14.4pp | 76.1%-28.3pp | 68.1%-20.3pp |
| Annual return | -0.42% | 1.80%-2.2pp | 71.54%-72.0pp | 4.54%-5.0pp |
| Employer contribution / active EE | $1,083 | $1,329-18.5% | $3,839-71.8% | $1,882-42.4% |
| Participant deferral / active EE | $3,455 | $2,854+21.0% | $4,798-28.0% | $3,022+14.3% |
| Admin fee / account holder | $769 | $981-21.7% | $7,477-89.7% | $592+29.9% |