Filed April 15, 2025
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $274,289 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $22,845 | $71,957-68.3% | $67,652-66.2% | $59,188-61.4% |
| Participation rate | 79.9% | 82.7%-2.8pp | 75.7%+4.2pp | 69.4%+10.5pp |
| Annual return | 0.75% | 8.53%-7.8pp | 6625.40%-6624.6pp | 5.51%-4.8pp |
| Employer contribution / active EE | $929 | $2,432-61.8% | $2,266-59.0% | $2,098-55.7% |
| Participant deferral / active EE | $2,163 | $4,211-48.6% | $3,560-39.3% | $3,265-33.8% |
| Admin fee / account holder | $86 | $64+34.4% | $4,821-98.2% | $92-6.5% |