| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $112,685 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $94,502 | $75,388+25.4% | $123,553-23.5% | $55,727+69.6% |
| Participation rate | 90.3% | 75.7%+14.6pp | 82.3%+8.0pp | 70.9%+19.4pp |
| Annual return | -5.50% | 4.48%-10.0pp | 119.21%-124.7pp | 244.94%-250.4pp |
| Employer contribution / active EE | $2,466 | $3,063-19.5% | $4,628-46.7% | $2,078+18.7% |
| Participant deferral / active EE | $6,339 | $5,651+12.2% | $6,426-1.4% | $3,356+88.9% |
| Admin fee / account holder | $324 | $120+170.9% | $9,284-96.5% | $115+181.6% |