| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $114,598 |
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 | $118,639 | $88,122+34.6% | $141,200-16.0% | $67,584+75.5% |
| Participation rate | 89.4% | 76.5%+13.0pp | 82.5%+6.9pp | 71.3%+18.1pp |
| Annual return | 26.17% | 75.40%-49.2pp | 71.41%-45.2pp | 378.59%-352.4pp |
| Employer contribution / active EE | $2,391 | $3,224-25.8% | $4,736-49.5% | $2,148+11.3% |
| Participant deferral / active EE | $6,594 | $5,958+10.7% | $6,710-1.7% | $3,540+86.3% |
| Admin fee / account holder | $326 | $131+149.0% | $10,265-96.8% | $142+129.0% |