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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $81,671 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 33 · EIN 34-1545819 | Securities brokerage; Securities brok... | $1,047 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,959 | $65,292-20.4% | $171,082-69.6% | $65,292-20.4% |
| Participation rate | 35.9% | 72.4%-36.6pp | 76.7%-40.8pp | 72.4%-36.6pp |
| Annual return | 5.38% | 11.84%-6.5pp | 32.56%-27.2pp | 11.84%-6.5pp |
| Employer contribution / active EE | $624 | $2,302-72.9% | $4,002-84.4% | $2,302-72.9% |
| Participant deferral / active EE | $1,274 | $3,579-64.4% | $4,797-73.4% | $3,579-64.4% |
| Admin fee / account holder | $33 | $57-42.2% | $8,520-99.6% | $57-42.2% |