Filed December 5, 2003 (most recent of 4 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 |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO BANK NA Service code 15 · EIN 94-1347393 | Recordkeeping | $902,105 |
BPS&M1 year Service code 17 · EIN 62-0853448 | Pension Consulting | $6,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,697 | $38,963-18.6% | $71,793-55.8% | $329,111-90.4% |
| Participation rate | 58.9% | 53.8%+5.2pp | 69.1%-10.2pp | 67.9%-8.9pp |
| Annual return | 0.64% | 9.85%-9.2pp | 78.04%-77.4pp | 16.35%-15.7pp |
| Employer contribution / active EE | $631 | $758-16.7% | $1,924-67.2% | $2,303-72.6% |
| Participant deferral / active EE | $1,081 | $1,286-15.9% | $2,794-61.3% | $3,682-70.6% |
| Admin fee / account holder | $5 | $50-89.2% | $4,815-99.9% | $754-99.3% |