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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $30,194 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS FINET Service code 27 · EIN 59-2611726 | Advisory (Plan) | $16,125 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $32,853 | $70,002-53.1% | $115,038-71.4% | $52,331-37.2% |
| Participation rate | 60.7% | 72.1%-11.4pp | 81.4%-20.7pp | 68.1%-7.4pp |
| Annual return | -1.41% | 4.04%-5.4pp | 26.14%-27.5pp | 4.54%-6.0pp |
| Employer contribution / active EE | $2,390 | $2,715-12.0% | $4,608-48.1% | $1,882+27.0% |
| Participant deferral / active EE | $3,716 | $4,920-24.5% | $6,026-38.3% | $3,022+23.0% |
| Admin fee / account holder | $237 | $566-58.1% | $8,175-97.1% | $592-59.9% |