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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $10,325 |
MBL WEALTH LLC3 years Service code 26 · EIN 84-3308036 | Advisory (Participants) | $0 |
Filed as: WILSHIRE ASSOCIATES INC 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.)
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 | $43,713 | $42,367+3.2% | $79,580-45.1% | $64,819-32.6% |
| Participation rate | 69.2% | 64.7%+4.5pp | 69.5%-0.3pp | 71.5%-2.3pp |
| Annual return | -15.73% | -12.23%-3.5pp | 0.15%-15.9pp | 32.84%-48.6pp |
| Employer contribution / active EE | $1,815 | $1,181+53.7% | $2,413-24.8% | $2,507-27.6% |
| Participant deferral / active EE | $3,330 | $3,170+5.0% | $3,985-16.4% | $4,311-22.8% |
| Admin fee / account holder | $311 | $160+94.9% | $6,835-95.5% | $188+65.6% |