Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $21,804 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,693 | $73,638-27.1% | $95,960-44.0% | $73,493-26.9% |
| Participation rate | 29.1% | 76.2%-47.0pp | 77.1%-47.9pp | 70.7%-41.5pp |
| Annual return | 4.32% | 16.78%-12.5pp | 91.63%-87.3pp | 28.51%-24.2pp |
| Employer contribution / active EE | $0 | $1,863-100.0% | $2,541-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $1,018 | $3,617-71.9% | $4,167-75.6% | $3,740-72.8% |
| Admin fee / account holder | $419 | $482-13.0% | $6,797-93.8% | $513-18.3% |