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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $22,389 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
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 | $53,509 | $83,090-35.6% | $130,062-58.9% | $71,529-25.2% |
| Participation rate | 45.4% | 74.1%-28.8pp | 78.5%-33.1pp | 67.9%-22.6pp |
| Annual return | 21.47% | 20.61%+0.9pp | -137.37%+158.8pp | 28.97%-7.5pp |
| Employer contribution / active EE | $1,820 | $2,624-30.6% | $4,322-57.9% | $2,590-29.7% |
| Participant deferral / active EE | $3,543 | $4,436-20.1% | $5,821-39.1% | $4,291-17.4% |
| Admin fee / account holder | $160 | $1,727-90.7% | $10,601-98.5% | $1,588-89.9% |