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| Provider | Service type | Compensation |
|---|---|---|
Filed as: ALERA INVESTMENT ADVISORS LLC Service code 26 · EIN 81-4473358 | Advisory (Participants) | $32,787 |
Filed as: JOHN HANCOCK LIFE INS CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $1,694 |
Filed as: WILSHIRE ADVISORS LLC Service code 26 · EIN 95-2755361 | Advisory (Participants) | $1,312 |
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.
Opinion is qualified - a specific issue limited the scope or accuracy of the audit.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,978 | $45,343+32.3% | $150,298-60.1% | $67,986-11.8% |
| Participation rate | 54.3% | 51.9%+2.4pp | 77.8%-23.5pp | 57.2%-2.9pp |
| Annual return | 11.45% | 33.28%-21.8pp | 62.79%-51.3pp | 31.67%-20.2pp |
| Employer contribution / active EE | $0 | $1,462-100.0% | $4,154-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $2,467 | $2,055+20.1% | $5,453-54.8% | $3,358-26.5% |
| Admin fee / account holder | $468 | $2,250-79.2% | $14,116-96.7% | $3,203-85.4% |