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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JOHN HANCOCK LIFE INSURANCE CO. U.S Service code 15 · EIN 01-0233346 | Recordkeeping | $4,770 |
Filed as: WILSHIRE ASSOCIATES, INC. U.S.A. Service code 26 · EIN 95-2755361 1299 OCEAN AVENUE · SANTA MONICA, CA 90401 | Advisory (Participants) | $2,887 |
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 | $100,770 | $49,471+103.7% | $79,583+26.6% | $66,949+50.5% |
| Participation rate | 59.8% | 61.4%-1.5pp | 69.5%-9.7pp | 69.8%-10.0pp |
| Annual return | -19.09% | 84.30%-103.4pp | 0.16%-19.3pp | 1.57%-20.7pp |
| Employer contribution / active EE | $1,275 | $1,266+0.7% | $2,414-47.2% | $2,545-49.9% |
| Participant deferral / active EE | $6,773 | $3,160+114.3% | $3,986+69.9% | $4,239+59.8% |
| Admin fee / account holder | $475 | $595-20.1% | $6,835-93.0% | $594-20.0% |