Filed October 30, 2018
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $99,658 |
Service code 27 · EIN 04-2675571 | Advisory (Plan) | $43,424 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,683 | $129,021-57.6% | $184,203-70.3% | $77,643-29.6% |
| Participation rate | 58.4% | 87.3%-28.9pp | 86.8%-28.4pp | 70.6%-12.2pp |
| Annual return | 15.56% | 33.27%-17.7pp | 28.81%-13.2pp | 31.24%-15.7pp |
| Employer contribution / active EE | $0 | $4,413-100.0% | $6,427-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $4,177 | $7,297-42.8% | $9,131-54.3% | $4,647-10.1% |
| Admin fee / account holder | $345 | $254+35.8% | $13,901-97.5% | $430-19.9% |