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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO ADVISORS FIN NETWORK Service code 27 1 NORTH JEFFERSON AVE · ST. LOUIS, MO 63103 | Advisory (Plan) | $37,846 |
Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $15,970 |
ALEXANDER & WILLIAMS LLC2 years Service code 10 · EIN 84-3798055 5050 QUORUM DRIVE · DALLAS, TX 75254 | Accounting | $11,000 |
DEFINITI LLC1 year Service code 13 535 KEISLER DRIVE · CARY, NC 27518 | Contract Administrator | $6,034 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $139,868 | $80,674+73.4% | $119,126+17.4% | $64,340+117.4% |
| Participation rate | 98.0% | 55.2%+42.8pp | 75.8%+22.2pp | 55.2%+42.8pp |
| Annual return | 15.85% | 26.86%-11.0pp | 282.11%-266.3pp | 24.14%-8.3pp |
| Employer contribution / active EE | $12,230 | $2,564+377.0% | $4,034+203.2% | $1,862+556.9% |
| Participant deferral / active EE | $5,036 | $3,053+64.9% | $5,318-5.3% | $2,980+69.0% |
| Admin fee / account holder | $530 | $4,559-88.4% | $10,693-95.0% | $3,703-85.7% |