Filed December 2, 2019
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO ADVISORS Service code 27 1 NORTH JEFFERSON AVE · ST LOUIS, MO 63103 | Advisory (Plan) | $60,205 |
Filed as: EMPOWER ADVISORY GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CA 80111 | Investment Management | $11,836 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $8,896 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,165 | $82,979+30.4% | $102,383+5.6% | $77,714+39.2% |
| Participation rate | 90.9% | 71.5%+19.3pp | 74.5%+16.4pp | 70.6%+20.3pp |
| Annual return | 14.89% | 19.11%-4.2pp | 24.94%-10.0pp | 31.26%-16.4pp |
| Employer contribution / active EE | $3,999 | $3,554+12.5% | $3,870+3.3% | $2,727+46.7% |
| Participant deferral / active EE | $7,571 | $4,109+84.3% | $5,060+49.6% | $4,649+62.8% |
| Admin fee / account holder | $244 | $639-61.8% | $8,391-97.1% | $433-43.8% |