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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO. U.S Service code 15 · EIN 01-0233346 | Recordkeeping | $5,178 |
Filed as: WILSHIRE ASSOCIATES, INC. U.S.A. Service code 26 · EIN 95-2755361 1299 OCEAN AVENUE · SANTA MONICA, CA 90401 | Advisory (Participants) | $3,241 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
Filed as: WILSHIRE ASSOCIATES, INC. (USA) Service code 26 · EIN 95-2755361 | Advisory (Participants) | $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.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $115,271 | $59,220+94.6% | $96,572+19.4% | $79,389+45.2% |
| Participation rate | 61.1% | 61.9%-0.8pp | 69.8%-8.7pp | 70.7%-9.6pp |
| Annual return | 11.00% | 27.08%-16.1pp | 37.79%-26.8pp | 116.89%-105.9pp |
| Employer contribution / active EE | $503 | $1,216-58.7% | $2,357-78.7% | $2,428-79.3% |
| Participant deferral / active EE | $3,726 | $2,948+26.4% | $3,850-3.2% | $4,046-7.9% |
| Admin fee / account holder | $466 | $659-29.3% | $6,183-92.5% | $626-25.7% |