| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $248,523 |
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS INSTITUTIONAL CONSULTING GROUP Service code 27 925 4TH AVENUE · SEATTLE, WA 98104 | Advisory (Plan) | $96,643 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 33 · EIN 34-1542819 | Securities brokerage commissions and ... | $456 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $27,999 | $75,760-63.0% | $123,105-77.3% | $59,188-52.7% |
| Participation rate | 64.7% | 86.0%-21.3pp | 86.8%-22.0pp | 69.4%-4.7pp |
| Annual return | 2.45% | 2.93%-0.5pp | 13.22%-10.8pp | 5.51%-3.1pp |
| Employer contribution / active EE | $1,881 | $3,415-44.9% | $5,151-63.5% | $2,098-10.3% |
| Participant deferral / active EE | $2,375 | $5,000-52.5% | $6,229-61.9% | $3,265-27.3% |
| Admin fee / account holder | $117 | $61+92.8% | $9,014-98.7% | $92+27.0% |