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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $68,044 |
Service code 37 · EIN 04-2647786 | Loan Processing | $6,272 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $45,149 | $75,388-40.1% | $123,552-63.5% | $55,725-19.0% |
| Participation rate | 59.1% | 75.7%-16.6pp | 82.3%-23.2pp | 70.9%-11.8pp |
| Annual return | -8.29% | 4.48%-12.8pp | 119.20%-127.5pp | 244.93%-253.2pp |
| Employer contribution / active EE | $1,803 | $3,063-41.1% | $4,628-61.0% | $2,078-13.2% |
| Participant deferral / active EE | $4,068 | $5,651-28.0% | $6,426-36.7% | $3,356+21.2% |
| Admin fee / account holder | $10 | $120-91.6% | $9,285-99.9% | $115-91.3% |