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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.8 years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $42,292 |
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $16,820 |
JULY BUSINESS SERVICES8 years Service code 13 PO BOX 2208 · WACO, TX 767032208 | Contract Administrator | $3,500 |
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 | $87,078 | $74,661+16.6% | $160,784-45.8% | $67,986+28.1% |
| Participation rate | 89.0% | 57.1%+31.9pp | 77.0%+12.0pp | 57.2%+31.8pp |
| Annual return | 17.88% | 28.83%-11.0pp | 1803.92%-1786.0pp | 31.67%-13.8pp |
| Employer contribution / active EE | $3,769 | $1,829+106.1% | $3,733+1.0% | $2,019+86.7% |
| Participant deferral / active EE | $10,622 | $3,681+188.6% | $6,293+68.8% | $3,358+216.3% |
| Admin fee / account holder | $388 | $3,959-90.2% | $9,717-96.0% | $3,203-87.9% |