Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $34,621 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $18,847 | $75,289-75.0% | $54,726-65.6% | $75,289-75.0% |
| Participation rate | 69.8% | 72.4%-2.6pp | 79.1%-9.3pp | 72.4%-2.6pp |
| Annual return | -5.88% | -0.04%-5.8pp | -4.56%-1.3pp | -0.04%-5.8pp |
| Employer contribution / active EE | $965 | $2,405-59.9% | $3,449-72.0% | $2,405-59.9% |
| Participant deferral / active EE | $1,596 | $3,739-57.3% | $3,953-59.6% | $3,739-57.3% |
| Admin fee / account holder | $27 | $102-73.2% | $3,818-99.3% | $102-73.2% |