Filed September 12, 2016
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 15 · EIN 48-1305000 | Recordkeeping | $103,591 |
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $47,722 |
ADP BROKER-DEALER2+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,646 | $98,217-70.8% | $105,754-72.9% | $63,975-55.2% |
| Participation rate | 86.9% | 81.9%+5.1pp | 78.9%+8.0pp | 71.1%+15.8pp |
| Annual return | 5.02% | 20.18%-15.2pp | 12.25%-7.2pp | 48.65%-43.6pp |
| Employer contribution / active EE | $2,574 | $4,802-46.4% | $4,079-36.9% | $2,182+18.0% |
| Participant deferral / active EE | $3,641 | $6,019-39.5% | $5,326-31.6% | $3,356+8.5% |
| Admin fee / account holder | $91 | $70+30.7% | $8,309-98.9% | $70+29.5% |