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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $59,773 |
Service code 27 · EIN 36-4906731 | Advisory (Plan) | $22,203 |
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.
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,434 | $106,164-36.5% | $147,041-54.1% | $77,692-13.2% |
| Participation rate | 53.8% | 78.4%-24.5pp | 82.2%-28.3pp | 70.6%-16.7pp |
| Annual return | 18.16% | 56.81%-38.7pp | 419.21%-401.1pp | 31.25%-13.1pp |
| Employer contribution / active EE | $2,155 | $4,066-47.0% | $4,935-56.3% | $2,726-21.0% |
| Participant deferral / active EE | $5,502 | $7,993-31.2% | $8,071-31.8% | $4,648+18.4% |
| Admin fee / account holder | $354 | $338+4.7% | $13,006-97.3% | $431-17.8% |