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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) | $3,308 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. NY Service code 15 · EIN 13-3646501 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $148 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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.)
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 | $93,309 | $99,957-6.7% | $149,745-37.7% | $73,497+27.0% |
| Participation rate | 68.3% | 75.7%-7.4pp | 82.5%-14.2pp | 70.7%-2.4pp |
| Annual return | 19.10% | 53.87%-34.8pp | 276.72%-257.6pp | 28.51%-9.4pp |
| Employer contribution / active EE | $467 | $3,191-85.4% | $4,646-89.9% | $2,270-79.4% |
| Participant deferral / active EE | $5,890 | $6,073-3.0% | $6,843-13.9% | $3,740+57.5% |
| Admin fee / account holder | $339 | $551-38.4% | $9,312-96.4% | $513-33.9% |