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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 34-1542819 | Advisory (Plan) | $10,845 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $393 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $96,955 | $79,438+22.1% | $106,555-9.0% | $79,391+22.1% |
| Participation rate | 21.6% | 74.2%-52.6pp | 76.1%-54.6pp | 70.7%-49.1pp |
| Annual return | 12.97% | 18.27%-5.3pp | 26.80%-13.8pp | 116.88%-103.9pp |
| Employer contribution / active EE | $0 | $2,235-100.0% | $2,819-100.0% | $2,428-100.0% |
| Participant deferral / active EE | $1,297 | $3,824-66.1% | $4,399-70.5% | $4,046-67.9% |
| Admin fee / account holder | $281 | $523-46.3% | $7,408-96.2% | $627-55.2% |