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| Provider | Service type | Compensation |
|---|---|---|
Filed as: WILSHIRE ASSOCIATS INC. Service code 26 · EIN 95-2755361 | Advisory (Participants) | $499,452 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $825 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $86,928 | $86,341+0.7% | $125,195-30.6% | $65,186+33.4% |
| Participation rate | 86.0% | 75.3%+10.7pp | 79.8%+6.2pp | 70.2%+15.8pp |
| Annual return | 2.31% | 27.44%-25.1pp | 43.79%-41.5pp | 29.39%-27.1pp |
| Employer contribution / active EE | $3,774 | $2,040+85.1% | $3,866-2.4% | $2,177+73.4% |
| Participant deferral / active EE | $4,001 | $3,538+13.1% | $4,937-19.0% | $3,514+13.9% |
| Admin fee / account holder | $443 | $609-27.2% | $9,704-95.4% | $847-47.7% |