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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.7 years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $40,178 |
AMERICAN FUNDS2 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $19,450 |
JULY BUSINESS SERVICES7 years Service code 13 PO BOX 2208 · WACO, TX 767032208 | Contract Administrator | $2,300 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,733 | $73,532+8.4% | $178,505-55.3% | $74,478+7.1% |
| Participation rate | 83.8% | 66.6%+17.3pp | 77.1%+6.7pp | 67.2%+16.6pp |
| Annual return | 22.57% | 17.49%+5.1pp | 27.16%-4.6pp | 1370.56%-1348.0pp |
| Employer contribution / active EE | $3,266 | $2,221+47.1% | $3,955-17.4% | $2,626+24.4% |
| Participant deferral / active EE | $8,508 | $4,519+88.3% | $6,280+35.5% | $4,350+95.6% |
| Admin fee / account holder | $378 | $1,813-79.2% | $10,428-96.4% | $1,946-80.6% |