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| Provider | Service type | Compensation |
|---|---|---|
Filed as: WILSHIRE ASSOCIATES INC Service code 26 · EIN 95-2755361 1299 OCEAN AVENUE · SANTA MONICA, CA 90401 | Advisory (Participants) | $2,941 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. NY Service code 15 · EIN 13-3646501 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $75,740 | $89,652-15.5% | $141,197-46.4% | $65,186+16.2% |
| Participation rate | 61.7% | 74.7%-13.0pp | 82.5%-20.8pp | 70.2%-8.5pp |
| Annual return | 23.70% | 32.79%-9.1pp | 71.41%-47.7pp | 29.39%-5.7pp |
| Employer contribution / active EE | $816 | $3,065-73.4% | $4,736-82.8% | $2,177-62.5% |
| Participant deferral / active EE | $5,123 | $5,691-10.0% | $6,710-23.7% | $3,514+45.8% |
| Admin fee / account holder | $338 | $569-40.6% | $10,265-96.7% | $847-60.1% |