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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO ADVISORS LLC Service code 26 · EIN 34-1542819 | Advisory (Participants) | $17,268 |
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,963 | $47,163-21.6% | $149,696-75.3% | $74,460-50.4% |
| Participation rate | 39.5% | 63.4%-23.9pp | 78.8%-39.3pp | 70.7%-31.2pp |
| Annual return | 46.91% | 22.75%+24.2pp | 134.46%-87.5pp | 34.38%+12.5pp |
| Employer contribution / active EE | $470 | $1,907-75.4% | $4,821-90.3% | $2,638-82.2% |
| Participant deferral / active EE | $3,650 | $2,730+33.7% | $5,682-35.8% | $4,530-19.4% |
| Admin fee / account holder | $337 | $343-1.8% | $13,212-97.5% | $348-3.1% |