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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $41,469 |
WELLS FARGO BANK, N.A.7+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $24,232 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $31 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $122,333 | $104,482+17.1% | $159,455-23.3% | $79,393+54.1% |
| Participation rate | 75.7% | 76.6%-0.9pp | 82.8%-7.1pp | 70.7%+5.0pp |
| Annual return | 14.04% | 67.96%-53.9pp | 263.63%-249.6pp | 116.87%-102.8pp |
| Employer contribution / active EE | $317 | $3,416-90.7% | $4,830-93.4% | $2,428-87.0% |
| Participant deferral / active EE | $5,251 | $6,467-18.8% | $7,353-28.6% | $4,046+29.8% |
| Admin fee / account holder | $476 | $711-33.0% | $10,800-95.6% | $627-24.0% |