Filed December 19, 2019
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $108,140 |
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 48-1305000 | Advisory (Plan) | $55,000 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,356 | $82,979+8.9% | $102,383-11.7% | $77,714+16.3% |
| Participation rate | 94.7% | 71.5%+23.2pp | 74.5%+20.2pp | 70.6%+24.1pp |
| Annual return | 13.69% | 19.11%-5.4pp | 24.94%-11.2pp | 31.26%-17.6pp |
| Employer contribution / active EE | $3,697 | $3,554+4.0% | $3,870-4.5% | $2,727+35.6% |
| Participant deferral / active EE | $6,617 | $4,109+61.0% | $5,060+30.8% | $4,649+42.3% |
| Admin fee / account holder | $142 | $639-77.8% | $8,391-98.3% | $433-67.2% |