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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $52,990 |
MATRANGA & COMPANY2 years Service code 10 · EIN 20-1147648 | Accounting | $7,450 |
Service code 14 · EIN 33-0461574 | Plan Administrator | $5,922 |
THE VANGUARD GROUP, INC.1 year Filed as: THE VANGUARD GROUP Service code 37 · EIN 34-1542819 | Loan Processing | $1,999 |
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 37 · EIN 11-3665754 | Loan Processing | $90 |
Filed as: FIDELITY INVESTMENTS Service code 37 · EIN 04-2647786 | Loan Processing | -$1,570 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $135,806 | $56,134+141.9% | $96,192+41.2% | $85,851+58.2% |
| Participation rate | 93.5% | 56.7%+36.8pp | 68.4%+25.1pp | 69.3%+24.2pp |
| Annual return | 16.29% | 42.30%-26.0pp | 192.09%-175.8pp | 318.63%-302.3pp |
| Employer contribution / active EE | $0 | $1,620-100.0% | $2,799-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $3,367 | $2,858+17.8% | $4,351-22.6% | $3,952-14.8% |
| Admin fee / account holder | $326 | $3,769-91.4% | $5,539-94.1% | $6,261-94.8% |