Filed September 27, 2016 (most recent of 3 filings on file)
Total covered: 9 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO BANK N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $29,273 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS PCG Service code 27 · EIN 56-0276690 | Advisory (Plan) | $13,319 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,185 | $36,916-80.5% | $156,551-95.4% | $57,658-87.5% |
| Participation rate | 84.4% | 63.4%+21.0pp | 84.0%+0.4pp | 70.2%+14.2pp |
| Annual return | 15.34% | 12.38%+3.0pp | 32.23%-16.9pp | 5.13%+10.2pp |
| Employer contribution / active EE | $441 | $1,571-71.9% | $5,501-92.0% | $1,974-77.7% |
| Participant deferral / active EE | $875 | $1,926-54.6% | $4,871-82.0% | $3,061-71.4% |
| Admin fee / account holder | $79 | $82-4.8% | $13,028-99.4% | $95-17.0% |