Filed June 29, 2022
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO ADVISORS Service code 26 10 CADILLAC DRIVE SUITE 300 · BRENTWOOD, TN 37027 | Advisory (Participants) | $173,330 |
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969 | Recordkeeping | $71,410 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $107,536 | $46,182+132.9% | $170,435-36.9% | $69,634+54.4% |
| Participation rate | 99.2% | 63.9%+35.3pp | 83.6%+15.6pp | 70.7%+28.5pp |
| Annual return | 21.14% | 21.40%-0.3pp | 205.94%-184.8pp | 27572.26%-27551.1pp |
| Employer contribution / active EE | $6,828 | $1,610+324.1% | $5,432+25.7% | $2,032+236.0% |
| Participant deferral / active EE | $4,256 | $2,081+104.6% | $4,939-13.8% | $3,224+32.0% |
| Admin fee / account holder | $269 | $116+131.6% | $13,881-98.1% | $110+143.2% |