Filed September 12, 2016
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 15 · EIN 48-1305000 | Recordkeeping | $107,956 |
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $40,961 |
RANDY SILHAN, CPA, CFE3+ years Service code 15 · EIN 26-2515308 | Recordkeeping | $15,500 |
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $35,729 | $102,255-65.1% | $118,746-69.9% | $77,958-54.2% |
| Participation rate | 95.5% | 84.8%+10.6pp | 78.3%+17.2pp | 71.6%+23.8pp |
| Annual return | 5.10% | 65.05%-59.9pp | 24.54%-19.4pp | 20.87%-15.8pp |
| Employer contribution / active EE | $3,459 | $4,931-29.9% | $4,193-17.5% | $2,310+49.7% |
| Participant deferral / active EE | $4,337 | $5,974-27.4% | $5,332-18.7% | $3,537+22.6% |
| Admin fee / account holder | $115 | $79+45.7% | $10,720-98.9% | $97+18.1% |