Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $9,571 |
Service code 37 · EIN 04-2647786 | Loan Processing | $906 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $82,015 | $51,466+59.4% | $78,778+4.1% | $62,293+31.7% |
| Participation rate | 33.0% | 59.8%-26.8pp | 69.2%-36.2pp | 69.5%-36.6pp |
| Annual return | 16.10% | 19.96%-3.9pp | 35.62%-19.5pp | 28.90%-12.8pp |
| Employer contribution / active EE | $0 | $827-100.0% | $1,986-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $2,243 | $2,147+4.4% | $2,958-24.2% | $3,169-29.2% |
| Admin fee / account holder | $10 | $489-97.9% | $5,134-99.8% | $479-97.9% |