Filed December 27, 2019 (most recent of 2 filings on file)
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.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $160,768 |
AMERICAN FUNDS1 year Filed as: CAPITAL STRATEGIES Service code 26 · EIN 26-4789150 | Advisory (Participants) | $60,000 |
GRANT THORNTON LLP2 years Service code 10 · EIN 36-6055558 | Accounting | $34,999 |
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 | $100,257 | $78,852+27.1% | $76,768+30.6% | $75,289+33.2% |
| Participation rate | 96.0% | 85.0%+11.0pp | 77.0%+19.0pp | 72.4%+23.6pp |
| Annual return | -3.56% | -1.29%-2.3pp | 2.43%-6.0pp | -0.04%-3.5pp |
| Employer contribution / active EE | $4,466 | $2,794+59.8% | $2,485+79.7% | $2,405+85.7% |
| Participant deferral / active EE | $7,986 | $4,800+66.4% | $3,852+107.3% | $3,739+113.6% |
| Admin fee / account holder | $177 | $79+123.6% | $6,675-97.4% | $102+72.7% |