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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $75,233 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,659 | $62,324-58.8% | $68,509-62.5% | $55,191-53.5% |
| Participation rate | 76.1% | 78.9%-2.8pp | 74.7%+1.4pp | 69.2%+6.9pp |
| Annual return | 0.39% | 4.26%-3.9pp | 8.27%-7.9pp | 10.78%-10.4pp |
| Employer contribution / active EE | $290 | $2,223-87.0% | $2,278-87.3% | $1,899-84.7% |
| Participant deferral / active EE | $2,475 | $3,425-27.7% | $3,382-26.8% | $3,046-18.7% |
| Admin fee / account holder | $145 | $91+59.2% | $5,275-97.2% | $91+60.2% |