Filed May 13, 1996
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.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $1,749,647 |
Filed as: MCDERMOTT WILL & EMERY Service code 29 · EIN 36-1453176 | Legal | $45,791 |
FINDLEY1 year Service code 49 · EIN 34-1213174 | Other Services | $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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,483 | $43,471-39.1% | $74,725-64.6% | $89,609-70.4% |
| Participation rate | 18.1% | 36.3%-18.1pp | 54.5%-36.3pp | 69.6%-51.5pp |
| Annual return | 13.44% | 24.97%-11.5pp | 753.24%-739.8pp | 33.65%-20.2pp |
| Employer contribution / active EE | $242 | $554-56.2% | $1,084-77.7% | $2,584-90.6% |
| Participant deferral / active EE | $353 | $1,177-70.0% | $1,961-82.0% | $4,222-91.6% |
| Admin fee / account holder | $57 | $74-23.2% | $3,335-98.3% | $72-20.8% |