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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.7+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $230,085 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $211,817 |
Filed as: SAGEVIEW ADVISORY GROUP, Service code 13 · EIN 33-0818667 | Contract Administrator | $51,718 |
FINANCIAL ENGINES1 year Filed as: EDELMAN FINANCIAL ENGINES, LLC Service code 26 · EIN 94-3250323 | Advisory (Participants) | $30,958 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $83,874 | $120,450-30.4% | $159,495-47.4% | $93,010-9.8% |
| Participation rate | 98.5% | 78.0%+20.5pp | 82.8%+15.7pp | 73.9%+24.6pp |
| Annual return | 17.72% | 27.11%-9.4pp | 263.72%-246.0pp | 158.70%-141.0pp |
| Employer contribution / active EE | $3,381 | $3,526-4.1% | $4,831-30.0% | $2,705+25.0% |
| Participant deferral / active EE | $8,628 | $7,283+18.5% | $7,354+17.3% | $4,561+89.2% |
| Admin fee / account holder | $82 | $137-40.2% | $10,804-99.2% | $152-46.1% |