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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $120,455 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 33 · EIN 34-1545819 | Securities brokerage; Securities brok... | $3,472 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,881 | $36,978+37.6% | $155,789-67.3% | $59,188-14.0% |
| Participation rate | 36.7% | 62.7%-26.1pp | 76.1%-39.4pp | 69.4%-32.8pp |
| Annual return | 5.71% | 5.44%+0.3pp | 71.54%-65.8pp | 5.51%+0.2pp |
| Employer contribution / active EE | $579 | $1,222-52.6% | $3,839-84.9% | $2,098-72.4% |
| Participant deferral / active EE | $1,204 | $2,795-56.9% | $4,798-74.9% | $3,265-63.1% |
| Admin fee / account holder | $50 | $65-23.0% | $7,477-99.3% | $92-45.7% |