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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4+ years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $33,076 |
Service code 37 · EIN 04-2647786 | Loan Processing | $17,838 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $69,004 | $73,988-6.7% | $96,538-28.5% | $75,177-8.2% |
| Participation rate | 90.4% | 66.4%+24.0pp | 74.3%+16.0pp | 67.2%+23.2pp |
| Annual return | 10.76% | 26.73%-16.0pp | 35.74%-25.0pp | 160.75%-150.0pp |
| Employer contribution / active EE | $3,449 | $2,930+17.7% | $3,740-7.8% | $2,671+29.1% |
| Participant deferral / active EE | $2,766 | $3,660-24.4% | $4,880-43.3% | $4,126-33.0% |
| Admin fee / account holder | $1,064 | $5,220-79.6% | $6,737-84.2% | $5,651-81.2% |