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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO BANK, N.AL Service code 15 · EIN 94-1347393 | Recordkeeping | $69,856 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $23,827 | $31,252-23.8% | $75,826-68.6% | $55,725-57.2% |
| Participation rate | 70.8% | 71.3%-0.5pp | 68.2%+2.6pp | 70.9%0pp |
| Annual return | -3.20% | 2.84%-6.0pp | 1914.15%-1917.3pp | 244.93%-248.1pp |
| Employer contribution / active EE | $861 | $1,260-31.6% | $1,913-55.0% | $2,078-58.6% |
| Participant deferral / active EE | $781 | $2,258-65.4% | $2,862-72.7% | $3,356-76.7% |
| Admin fee / account holder | $117 | $91+28.2% | $4,726-97.5% | $115+1.8% |