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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $67,852 |
WELLS FARGO BANK, N.A.5+ years Filed as: WELLS FARGO ADVISORS, LLC Service code 33 · EIN 34-1545819 | Securities brokerage; Securities brok... | $670 |
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 | $66,845 | $82,204-18.7% | $182,540-63.4% | $82,204-18.7% |
| Participation rate | 35.6% | 73.4%-37.8pp | 78.0%-42.3pp | 73.4%-37.8pp |
| Annual return | 22.03% | 26.31%-4.3pp | 148.58%-126.5pp | 26.31%-4.3pp |
| Employer contribution / active EE | $672 | $2,707-75.2% | $4,076-83.5% | $2,707-75.2% |
| Participant deferral / active EE | $1,425 | $4,246-66.4% | $5,525-74.2% | $4,246-66.4% |
| Admin fee / account holder | $26 | $76-65.3% | $8,593-99.7% | $76-65.3% |