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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $4,241 |
Filed as: WILSHIRE ASSOCIATES, INC. (USA) Service code 26 · EIN 95-2755361 | Advisory (Participants) | $2,551 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO. U.S Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
Filed as: WILSHIRE ASSOCIATES, INC. U.S.A. Service code 26 · EIN 95-2755361 1299 OCEAN AVENUE · SANTA MONICA, CA 90401 | 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.)
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 | $115,922 | $54,729+111.8% | $86,235+34.4% | $71,529+62.1% |
| Participation rate | 57.4% | 60.1%-2.7pp | 69.0%-11.5pp | 67.9%-10.5pp |
| Annual return | 19.41% | 20.07%-0.7pp | 1170.03%-1150.6pp | 28.97%-9.6pp |
| Employer contribution / active EE | $619 | $1,267-51.1% | $2,381-74.0% | $2,590-76.1% |
| Participant deferral / active EE | $3,426 | $3,110+10.1% | $3,987-14.1% | $4,291-20.2% |
| Admin fee / account holder | $484 | $1,921-74.8% | $6,856-92.9% | $1,588-69.5% |