| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $247,007 |
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS INSTITUTIONAL CONSULTING GROUP Service code 27 925 4TH AVENUE · SEATTLE, WA 98104 | Advisory (Plan) | $37,594 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 33 · EIN 34-1542819 | Securities brokerage commissions and ... | $180 |
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 | $27,907 | $80,354-65.3% | $133,975-79.2% | $63,975-56.4% |
| Participation rate | 66.4% | 87.5%-21.1pp | 87.1%-20.6pp | 71.1%-4.7pp |
| Annual return | 8.43% | 13.11%-4.7pp | 29.29%-20.9pp | 48.65%-40.2pp |
| Employer contribution / active EE | $1,951 | $3,503-44.3% | $5,211-62.6% | $2,182-10.6% |
| Participant deferral / active EE | $2,249 | $5,239-57.1% | $6,282-64.2% | $3,356-33.0% |
| Admin fee / account holder | $93 | $69+34.6% | $9,324-99.0% | $70+32.5% |