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| Provider | Service type | Compensation |
|---|---|---|
GEORGE W. TEATS, JR., CPA3 years Service code 10 · EIN 26-1557474 | Accounting | $10,500 |
Filed as: WILSHIRE ASSOCIATES, INC Service code 26 · EIN 95-2755361 | Advisory (Participants) | $4,817 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $178 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $137,722 | $89,370+54.1% | $141,197-2.5% | $72,976+88.7% |
| Participation rate | 100.0% | 75.1%+24.9pp | 82.5%+17.5pp | 69.5%+30.5pp |
| Annual return | 22.00% | 111.88%-89.9pp | 71.41%-49.4pp | 81.02%-59.0pp |
| Employer contribution / active EE | $7,701 | $3,115+147.2% | $4,736+62.6% | $2,440+215.6% |
| Participant deferral / active EE | $6,992 | $5,419+29.0% | $6,710+4.2% | $3,608+93.8% |
| Admin fee / account holder | $1,678 | $5,957-71.8% | $10,265-83.6% | $5,124-67.2% |