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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 34-1542819 | Advisory (Plan) | $51,133 |
THE BENEFIT PRACTICE4 years Service code 13 · EIN 13-4144565 1055 WASHINGTON BLVD, SUITE 610 · STAMFORD, CT 06901 | Contract Administrator | $30,860 |
Filed as: VRIAC Service code 15 · EIN 71-0194708 | Recordkeeping | $10,507 |
MORNINGSTAR4 years Service code 26 · EIN 36-3297908 | Advisory (Participants) | $3,007 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $20,810 | $50,956-59.2% | $96,570-78.5% | $86,821-76.0% |
| Participation rate | 91.8% | 65.2%+26.5pp | 69.8%+22.0pp | 72.3%+19.5pp |
| Annual return | 13.58% | 21.27%-7.7pp | 37.79%-24.2pp | 97.94%-84.4pp |
| Employer contribution / active EE | $2,072 | $1,111+86.5% | $2,357-12.1% | $2,406-13.9% |
| Participant deferral / active EE | $5,118 | $2,954+73.3% | $3,849+33.0% | $4,132+23.9% |
| Admin fee / account holder | $59 | $166-64.8% | $6,182-99.1% | $170-65.5% |