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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $7,500 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $6,974 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $538,898 | $91,198+490.9% | $178,503+201.9% | $79,856+574.8% |
| Participation rate | 94.3% | 69.2%+25.0pp | 81.9%+12.3pp | 69.6%+24.6pp |
| Annual return | 20.03% | 24.20%-4.2pp | 151.12%-131.1pp | 31.71%-11.7pp |
| Employer contribution / active EE | $31,937 | $3,257+880.7% | $5,011+537.3% | $2,471+1192.4% |
| Participant deferral / active EE | $16,230 | $3,237+401.5% | $5,202+212.0% | $3,741+333.9% |
| Admin fee / account holder | $417 | $6,748-93.8% | $13,987-97.0% | $5,306-92.1% |