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.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $21,190 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,615 | $65,378+40.1% | $87,103+5.2% | $65,186+40.5% |
| Participation rate | 59.2% | 75.3%-16.1pp | 76.9%-17.7pp | 70.2%-11.0pp |
| Annual return | 18.64% | 31.28%-12.6pp | 28.19%-9.6pp | 29.39%-10.7pp |
| Employer contribution / active EE | $355 | $1,823-80.5% | $2,521-85.9% | $2,177-83.7% |
| Participant deferral / active EE | $2,817 | $3,389-16.9% | $4,049-30.4% | $3,514-19.8% |
| Admin fee / account holder | $256 | $520-50.8% | $7,491-96.6% | $847-69.8% |