Filed January 3, 2024 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $40,573 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS LLC Service code 55 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Other Commissions | $18,962 |
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $16,721 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 27 · EIN 54-0702835 | Advisory (Plan) | $8,950 |
AMERICA'S 401K, INC.2+ years Service code 13 · EIN 75-2261114 8131 LBJ FREEWAY STE 770 · DALLAS, TX 75251 | Contract Administrator | $8,158 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $154,358 | $80,753+91.1% | $136,294+13.3% | $62,292+147.8% |
| Participation rate | 100.0% | 73.5%+26.5pp | 81.9%+18.1pp | 69.5%+30.5pp |
| Annual return | 15.41% | 35.83%-20.4pp | 5155.94%-5140.5pp | 28.90%-13.5pp |
| Employer contribution / active EE | $7,360 | $2,884+155.2% | $4,695+56.7% | $2,042+260.4% |
| Participant deferral / active EE | $7,622 | $5,164+47.6% | $6,247+22.0% | $3,169+140.5% |
| Admin fee / account holder | $605 | $525+15.1% | $9,243-93.5% | $479+26.2% |