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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS LLC Service code 26 · EIN 34-1542819 ADVISORY BILLING H0006-08R · SAINT LOUIS, MO 63103 | Advisory (Participants) | $16,794 |
NATIONWIDE1 year Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUNBUS, OH 43215 | Recordkeeping | $9,139 |
Filed as: IRON-CO-FID-TRADITIONAL Service code 26 · EIN 26-2409128 5440 W 110 TH STREET · SHAWNEE MISSION, KS 66211 | Advisory (Participants) | $1,344 |
AVINTUS1 year Filed as: AVINTUS, LLC Service code 14 · EIN 04-3682160 AVINTUS LLC FUTUREPLAN · CHICAGO, IA 60673 | Plan Administrator | $1,100 |
NATIONWIDE1 year Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 26 · EIN 31-4156830 10W NATIONWIDE BLVD 5-05-11V · COLUMBUS, OH 43215 | Advisory (Participants) | $245 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,312 | $65,125-85.7% | $143,797-93.5% | $66,949-86.1% |
| Participation rate | 100.0% | 65.2%+34.8pp | 80.3%+19.7pp | 69.8%+30.2pp |
| Annual return | -16.26% | -11.13%-5.1pp | -0.04%-16.2pp | 1.57%-17.8pp |
| Employer contribution / active EE | $2,756 | $2,362+16.6% | $4,952-44.4% | $2,545+8.3% |
| Participant deferral / active EE | $2,388 | $2,920-18.2% | $5,638-57.6% | $4,239-43.7% |
| Admin fee / account holder | $140 | $503-72.2% | $14,679-99.0% | $594-76.4% |