Retirement plan

WEDBUSH SECURITIES INC. EMPLOYEES' PS RETIREMENT PLAN

Name: WEDBUSH SECURITIES INC. - WEDBUSH SECURITIES INC. EMPLOYEES' PS RETIREMENT PLAN (2015) Form 5500
Creator: WEDBUSH SECURITIES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WEDBUSH SECURITIES INC. EMPLOYEES' PS RETIREMENT PLAN, WEDBUSH SECURITIES INC.

WEDBUSH SECURITIES INC.EIN 95-2495390Plan #002PY 2015

1000 WILSHIRE BOULEVARD, FLOOR 9 - LOS ANGELES, CA 90017213-688-8000LinkedIn1-10 employeesfinancial services

Other plans on this EIN

1 filing

#003Retirement-$51.9M assets

Prospect flagsHigh cashLow participant contribution

How to read this page

Total assets (EOY)

$27M

No prior year

Total participants

844

No prior year

Average account balance

$36,217

No prior year

Annual return

0.25%

No prior year

Benchmarks

See 1,335 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,335 peers

Snapshot2015

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$182.11M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$173K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,050

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

89.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+19.54%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$47

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
WEDBUSH SECURITIES INC.1+ years Service code 15 · EIN 95-2495390	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2R3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GGF, LLP
Auditor EIN: 208097596
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,217

$68,413-47.1%

$123,105-70.6%

$55,191-34.4%

Participation rate

78.9%

84.5%-5.7pp

86.8%-7.9pp

69.2%+9.7pp

Annual return

0.25%

6.30%-6.0pp

13.22%-13.0pp

10.78%-10.5pp

Employer contribution / active EE

$3,138

$3,050+2.9%

$5,151-39.1%

$1,899+65.3%

Participant deferral / active EE

$2,507

$4,490-44.2%

$6,229-59.8%

$3,046-17.7%

Admin fee / account holder

$88-100.0%

$9,014-100.0%

$91-100.0%

Provider

Service type

Compensation

WEDBUSH SECURITIES INC.1+ years

Service code 15 · EIN 95-2495390

Recordkeeping

WEDBUSH SECURITIES INC. EMPLOYEES' PS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

WEDBUSH SECURITIES INC. EMPLOYEES' PS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion