Filed November 12, 2020
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.4 years Filed as: WELLS FARGO ADVISORS, LLC Service code 27 401 S TRYON ST · CHARLOTTE, NC 28081 | Advisory (Plan) | $23,969 |
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $1,363 |
Service code 13 P.O. BOX 804319 · BATON ROUGE, LA 70898 | Contract Administrator | $499 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,874 | $84,499-24.4% | $125,391-49.1% | $66,949-4.6% |
| Participation rate | 63.8% | 76.4%-12.6pp | 82.4%-18.5pp | 69.8%-6.0pp |
| Annual return | -17.40% | -8.49%-8.9pp | 572.41%-589.8pp | 1.57%-19.0pp |
| Employer contribution / active EE | $2,791 | $3,554-21.5% | $4,816-42.0% | $2,545+9.7% |
| Participant deferral / active EE | $5,198 | $6,785-23.4% | $7,448-30.2% | $4,239+22.6% |
| Admin fee / account holder | $169 | $685-75.3% | $10,009-98.3% | $594-71.5% |