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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FULL SPECTRUM RETIREMENT PLANS LLC Service code 15 · EIN 27-2998426 992 TAMIAMI TRAIL · PORT CHARLOTTE, FL 33953 | Recordkeeping | $2,724 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 26 · EIN 54-0910269 3201 NORTH 4TH AVENUE · SIOUX FALLS, SD 571040700 | Advisory (Participants) | $0 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,545 | $32,425-5.8% | $74,577-59.0% | $55,167-44.6% |
| Participation rate | 60.8% | 54.0%+6.8pp | 68.1%-7.3pp | 69.0%-8.2pp |
| Annual return | 0.68% | 10.63%-10.0pp | 20.47%-19.8pp | 169.23%-168.6pp |
| Employer contribution / active EE | $1,024 | $1,043-1.8% | $2,525-59.4% | $1,963-47.8% |
| Participant deferral / active EE | $2,626 | $1,995+31.6% | $3,458-24.1% | $3,054-14.0% |
| Admin fee / account holder | $36 | $748-95.1% | $4,138-99.1% | $504-92.8% |