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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $354,478 |
THE CENTURION GROUP, LLC2+ years Filed as: CENTURION GROUP Service code 27 · EIN 20-8394397 | Advisory (Plan) | $80,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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 | $25,441 | $38,032-33.1% | $87,502-70.9% | $329,111-92.3% |
| Participation rate | 16.2% | 43.3%-27.1pp | 73.8%-57.7pp | 67.9%-51.7pp |
| Annual return | 12.24% | 7.09%+5.1pp | 12.21%0pp | 16.35%-4.1pp |
| Employer contribution / active EE | $279 | $677-58.8% | $2,550-89.1% | $2,303-87.9% |
| Participant deferral / active EE | $519 | $1,260-58.8% | $3,149-83.5% | $3,682-85.9% |
| Admin fee / account holder | $71 | $50+43.0% | $4,221-98.3% | $754-90.6% |