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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $72,821 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 34-1542819 | Advisory (Plan) | $20,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $26,289 | $35,366-25.7% | $90,657-71.0% | $75,289-65.1% |
| Participation rate | 25.1% | 57.3%-32.2pp | 74.0%-48.9pp | 72.4%-47.3pp |
| Annual return | -6.49% | -2.19%-4.3pp | 1.89%-8.4pp | -0.04%-6.5pp |
| Employer contribution / active EE | $461 | $916-49.7% | $2,532-81.8% | $2,405-80.9% |
| Participant deferral / active EE | $719 | $1,998-64.0% | $3,424-79.0% | $3,739-80.8% |
| Admin fee / account holder | $152 | $59+157.7% | $4,994-97.0% | $102+48.6% |