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| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $80,355 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$16,257 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $58,264 | $88,122-33.9% | $141,191-58.7% | $67,579-13.8% |
| Participation rate | 59.3% | 76.5%-17.2pp | 82.5%-23.2pp | 71.3%-12.0pp |
| Annual return | 26.82% | 75.40%-48.6pp | 71.41%-44.6pp | 378.56%-351.7pp |
| Employer contribution / active EE | $2,033 | $3,224-37.0% | $4,736-57.1% | $2,148-5.3% |
| Participant deferral / active EE | $4,535 | $5,958-23.9% | $6,710-32.4% | $3,539+28.1% |
| Admin fee / account holder | $61 | $131-53.3% | $10,264-99.4% | $142-57.0% |