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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $13,544 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,800 | $93,182-39.0% | $146,647-61.3% | $79,389-28.5% |
| Participation rate | 49.2% | 76.4%-27.3pp | 80.1%-30.9pp | 70.7%-21.6pp |
| Annual return | 12.50% | 21.61%-9.1pp | 22.75%-10.2pp | 116.89%-104.4pp |
| Employer contribution / active EE | $1,322 | $2,420-45.4% | $4,137-68.0% | $2,428-45.5% |
| Participant deferral / active EE | $2,859 | $4,169-31.4% | $5,506-48.1% | $4,046-29.3% |
| Admin fee / account holder | $121 | $585-79.3% | $10,281-98.8% | $626-80.7% |