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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $36,246 |
AMERICAN FUNDS4 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287 | Directed Trustee | $17,679 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $183,889 | $86,692+112.1% | $119,634+53.7% | $66,949+174.7% |
| Participation rate | 100.0% | 75.6%+24.4pp | 79.3%+20.7pp | 69.8%+30.2pp |
| Annual return | -18.96% | -8.00%-11.0pp | -14.98%-4.0pp | 1.57%-20.5pp |
| Employer contribution / active EE | $7,727 | $2,536+204.7% | $4,232+82.6% | $2,545+203.6% |
| Participant deferral / active EE | $5,382 | $4,360+23.4% | $5,601-3.9% | $4,239+27.0% |
| Admin fee / account holder | $428 | $755-43.3% | $10,329-95.9% | $594-27.9% |