Filed August 4, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $66,265 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $88,225 | $50,815+73.6% | $155,509-43.3% | $77,643+13.6% |
| Participation rate | 93.8% | 63.1%+30.7pp | 78.2%+15.6pp | 70.6%+23.3pp |
| Annual return | 18.66% | 34.80%-16.1pp | 64.67%-46.0pp | 31.24%-12.6pp |
| Employer contribution / active EE | $2,603 | $1,993+30.6% | $4,672-44.3% | $2,726-4.5% |
| Participant deferral / active EE | $5,727 | $2,822+102.9% | $5,626+1.8% | $4,647+23.2% |
| Admin fee / account holder | $111 | $437-74.6% | $15,912-99.3% | $430-74.2% |