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| Provider | Service type | Compensation |
|---|---|---|
Filed as: WILSHIRE ASSOCIATS INC. Service code 26 · EIN 95-2755361 | Advisory (Participants) | $5,114 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $625 |
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 | $74,009 | $81,494-9.2% | $133,978-44.8% | $73,497+0.7% |
| Participation rate | 81.5% | 76.4%+5.1pp | 79.8%+1.7pp | 70.7%+10.8pp |
| Annual return | -6.49% | 19.40%-25.9pp | 45.10%-51.6pp | 28.51%-35.0pp |
| Employer contribution / active EE | $2,927 | $2,210+32.5% | $3,919-25.3% | $2,270+28.9% |
| Participant deferral / active EE | $3,694 | $3,787-2.5% | $5,047-26.8% | $3,740-1.2% |
| Admin fee / account holder | $422 | $713-40.9% | $8,930-95.3% | $513-17.8% |