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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 34-1542819 | Advisory (Plan) | $69,708 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $62,485 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $73,542 | $65,960+11.5% | $81,882-10.2% | $77,762-5.4% |
| Participation rate | 98.0% | 65.8%+32.3pp | 72.4%+25.6pp | 70.6%+27.4pp |
| Annual return | 13.54% | 26.64%-13.1pp | 779.47%-765.9pp | 31.27%-17.7pp |
| Employer contribution / active EE | $4,116 | $2,375+73.3% | $2,916+41.2% | $2,728+50.9% |
| Participant deferral / active EE | $5,617 | $3,505+60.2% | $4,323+29.9% | $4,651+20.8% |
| Admin fee / account holder | $336 | $526-36.1% | $7,360-95.4% | $433-22.3% |