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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269 | Other Services | $18,280 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $412 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $176 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $17,739 | $76,551-76.8% | $123,894-85.7% | $62,881-71.8% |
| Participation rate | 73.0% | 73.0%+0.1pp | 81.4%-8.4pp | 69.3%+3.7pp |
| Annual return | 10.22% | 18.68%-8.5pp | 47.52%-37.3pp | 20.14%-9.9pp |
| Employer contribution / active EE | $2,228 | $2,882-22.7% | $4,617-51.7% | $2,281-2.3% |
| Participant deferral / active EE | $4,334 | $4,840-10.4% | $5,984-27.6% | $3,203+35.3% |
| Admin fee / account holder | $37 | $4,826-99.2% | $8,357-99.6% | $4,296-99.1% |