Filed December 11, 2017
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $38,096 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Filed as: WILSHIRE ASSOCIATES INCORPRATED Service code 27 | Advisory (Plan) | $0 |
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 | $55,164 | $77,817-29.1% | $123,553-55.4% | $64,173-14.0% |
| Participation rate | 59.2% | 74.7%-15.5pp | 82.3%-23.1pp | 69.6%-10.4pp |
| Annual return | 76.63% | 12.49%+64.1pp | 119.21%-42.6pp | 7.63%+69.0pp |
| Employer contribution / active EE | $2,665 | $3,014-11.6% | $4,628-42.4% | $2,381+11.9% |
| Participant deferral / active EE | $5,757 | $5,240+9.9% | $6,426-10.4% | $3,470+65.9% |
| Admin fee / account holder | $442 | $5,519-92.0% | $9,284-95.2% | $4,887-90.9% |