Filed March 6, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 XXX · XXX, AA 00000 | Recordkeeping | $4,895 |
Filed as: WILSHIRE ASSOCIATES INC Service code 26 · EIN 95-2755361 1299 OCEAN AVE · XXX, AA 00000 | Advisory (Participants) | $2,488 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,016 | $80,731-21.9% | $103,374-39.0% | $74,546-15.5% |
| Participation rate | 100.0% | 65.7%+34.3pp | 74.5%+25.5pp | 67.2%+32.8pp |
| Annual return | 20.69% | 27.56%-6.9pp | 24.89%-4.2pp | 1366.03%-1345.3pp |
| Employer contribution / active EE | $9,742 | $3,158+208.5% | $3,869+151.8% | $2,624+271.2% |
| Participant deferral / active EE | $8,402 | $3,860+117.7% | $5,058+66.1% | $4,347+93.3% |
| Admin fee / account holder | $315 | $2,369-86.7% | $8,394-96.2% | $1,944-83.8% |