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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $74,352 |
WELLS FARGO BANK, N.A.3 years 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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,116 | $48,406-15.1% | $104,639-60.7% | $90,274-54.5% |
| Participation rate | 32.4% | 64.3%-31.9pp | 74.1%-41.7pp | 73.4%-40.9pp |
| Annual return | 14.68% | 18.72%-4.0pp | 340.67%-326.0pp | 53.97%-39.3pp |
| Employer contribution / active EE | $501 | $1,115-55.1% | $2,682-81.3% | $2,523-80.2% |
| Participant deferral / active EE | $959 | $2,436-60.7% | $3,738-74.4% | $4,231-77.3% |
| Admin fee / account holder | $170 | $76+124.4% | $6,465-97.4% | $114+49.2% |