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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 (Participants) | $7,646 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $1,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,187 | $61,166-60.5% | $185,849-87.0% | $79,391-69.5% |
| Participation rate | 42.9% | 66.6%-23.7pp | 81.7%-38.8pp | 70.7%-27.8pp |
| Annual return | 35.36% | 19.45%+15.9pp | 122.10%-86.7pp | 116.88%-81.5pp |
| Employer contribution / active EE | $0 | $2,321-100.0% | $5,169-100.0% | $2,428-100.0% |
| Participant deferral / active EE | $3,453 | $2,789+23.8% | $5,569-38.0% | $4,046-14.7% |
| Admin fee / account holder | $231 | $710-67.4% | $16,244-98.6% | $627-63.1% |