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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 16 · EIN 34-1542819 | Consulting | $27,937 |
BDG-CPAS1 year Filed as: BDG CPAS Service code 10 · EIN 22-2625944 | Accounting | $9,800 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $3,470 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $116,347 | $101,653+14.5% | $147,080-20.9% | $74,459+56.3% |
| Participation rate | 55.0% | 75.6%-20.5pp | 82.2%-27.1pp | 67.2%-12.2pp |
| Annual return | 14.56% | 8754.98%-8740.4pp | 420.17%-405.6pp | 1369.70%-1355.1pp |
| Employer contribution / active EE | $2,781 | $3,813-27.1% | $4,933-43.6% | $2,626+5.9% |
| Participant deferral / active EE | $5,842 | $7,304-20.0% | $8,066-27.6% | $4,350+34.3% |
| Admin fee / account holder | $392 | $1,752-77.6% | $12,989-97.0% | $1,945-79.8% |