Filed June 13, 2024 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $44,099 |
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 | $27,266 | $37,117-26.5% | $147,617-81.5% | $55,191-50.6% |
| Participation rate | 94.6% | 63.6%+31.0pp | 84.6%+9.9pp | 69.2%+25.4pp |
| Annual return | -0.80% | 3.44%-4.2pp | 61.98%-62.8pp | 10.78%-11.6pp |
| Employer contribution / active EE | $698 | $1,620-56.9% | $5,564-87.5% | $1,899-63.3% |
| Participant deferral / active EE | $2,999 | $1,985+51.1% | $4,895-38.7% | $3,046-1.5% |
| Admin fee / account holder | $149 | $86+74.4% | $11,612-98.7% | $91+64.4% |