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| Provider | Service type | Compensation |
|---|---|---|
Filed as: ALPHA WEALTH MANAGMENT, LLC Service code 27 220 N SAN JACINTA · HEMET, CA 925434401 | Advisory (Plan) | $11,094 |
Service code 12 · EIN 48-1205033 | Claims processing; Direct payment fro... | $7,359 |
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.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,341 | $56,918-43.2% | $182,540-82.3% | $65,185-50.4% |
| Participation rate | 40.8% | 66.5%-25.7pp | 78.0%-37.2pp | 70.2%-29.4pp |
| Annual return | 12.43% | 27.67%-15.2pp | 148.58%-136.1pp | 29.38%-17.0pp |
| Employer contribution / active EE | $889 | $1,615-44.9% | $4,076-78.2% | $2,177-59.2% |
| Participant deferral / active EE | $1,492 | $3,526-57.7% | $5,525-73.0% | $3,514-57.5% |
| Admin fee / account holder | $377 | $531-29.1% | $8,593-95.6% | $847-55.5% |