Filed December 8, 2017 (most recent of 4 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $352,541 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,367 | $82,204-26.6% | $392,568-84.6% | $82,204-26.6% |
| Participation rate | 86.3% | 73.4%+12.9pp | 78.1%+8.2pp | 73.4%+12.9pp |
| Annual return | 19.65% | 26.31%-6.7pp | 24.42%-4.8pp | 26.31%-6.7pp |
| Employer contribution / active EE | $2,599 | $2,707-4.0% | $3,783-31.3% | $2,707-4.0% |
| Participant deferral / active EE | $4,036 | $4,246-4.9% | $5,985-32.6% | $4,246-4.9% |
| Admin fee / account holder | $33 | $76-56.2% | $6,260-99.5% | $76-56.2% |