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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $17,894 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS, LLC Service code 15 · EIN 34-1542819 | Recordkeeping | $10,044 |
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $4,641 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $67,813 | $41,377+63.9% | $109,313-38.0% | $62,881+7.8% |
| Participation rate | 91.1% | 57.5%+33.6pp | 71.3%+19.8pp | 69.3%+21.8pp |
| Annual return | 5.61% | 11.05%-5.4pp | 22.07%-16.5pp | 20.14%-14.5pp |
| Employer contribution / active EE | $1,541 | $1,276+20.8% | $3,892-60.4% | $2,281-32.4% |
| Participant deferral / active EE | $5,436 | $2,045+165.8% | $3,166+71.7% | $3,203+69.7% |
| Admin fee / account holder | $329 | $2,884-88.6% | $5,666-94.2% | $4,296-92.3% |