Filed April 15, 2025
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $293,725 |
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 | $25,206 | $80,211-68.6% | $74,184-66.0% | $63,975-60.6% |
| Participation rate | 82.0% | 84.2%-2.2pp | 76.6%+5.4pp | 71.1%+10.9pp |
| Annual return | 8.85% | 14.13%-5.3pp | 17.74%-8.9pp | 48.65%-39.8pp |
| Employer contribution / active EE | $1,004 | $2,553-60.7% | $2,370-57.6% | $2,182-54.0% |
| Participant deferral / active EE | $2,438 | $4,370-44.2% | $3,550-31.3% | $3,356-27.4% |
| Admin fee / account holder | $86 | $67+28.7% | $5,586-98.5% | $70+22.8% |