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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO ADVISORS LLC Service code 26 · EIN 34-1542819 | Advisory (Participants) | $20,913 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
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 | $42,923 | $50,919-15.7% | $155,556-72.4% | $77,762-44.8% |
| Participation rate | 41.4% | 63.1%-21.6pp | 78.2%-36.8pp | 70.6%-29.1pp |
| Annual return | 17.37% | 34.84%-17.5pp | 64.84%-47.5pp | 31.27%-13.9pp |
| Employer contribution / active EE | $497 | $1,991-75.0% | $4,675-89.4% | $2,728-81.8% |
| Participant deferral / active EE | $3,892 | $2,824+37.8% | $5,631-30.9% | $4,651-16.3% |
| Admin fee / account holder | $342 | $437-21.6% | $15,885-97.8% | $433-20.9% |