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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $200 |
Filed as: PENSIONMARK FINANCIAL GROUP Service code 26 · EIN 61-1758632 | Advisory (Participants) | $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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,178 | $64,176-68.6% | $112,263-82.0% | $66,949-69.9% |
| Participation rate | 44.3% | 68.4%-24.1pp | 75.1%-30.7pp | 69.8%-25.5pp |
| Annual return | -14.04% | -13.80%-0.2pp | 27.49%-41.5pp | 1.57%-15.6pp |
| Employer contribution / active EE | $1,145 | $3,007-61.9% | $3,636-68.5% | $2,545-55.0% |
| Participant deferral / active EE | $1,616 | $3,694-56.3% | $4,729-65.8% | $4,239-61.9% |
| Admin fee / account holder | $240 | $626-61.7% | $6,410-96.3% | $594-59.6% |