Filed August 4, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $59,639 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $70,489 | $46,332+52.1% | $143,797-51.0% | $64,824+8.7% |
| Participation rate | 93.5% | 64.2%+29.3pp | 80.3%+13.2pp | 71.5%+22.0pp |
| Annual return | -16.02% | -10.05%-6.0pp | -0.04%-16.0pp | 32.84%-48.9pp |
| Employer contribution / active EE | $3,000 | $1,911+57.0% | $4,952-39.4% | $2,507+19.7% |
| Participant deferral / active EE | $5,699 | $2,647+115.3% | $5,638+1.1% | $4,311+32.2% |
| Admin fee / account holder | $119 | $154-22.9% | $14,679-99.2% | $188-36.9% |