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| Provider | Service type | Compensation |
|---|---|---|
WESPAC PLAN SERVICES, LLC5+ years Filed as: WESPAC ADVISORS, LLC Service code 26 · EIN 26-2824668 519 17TH STREET · OAKLAND, CA 94612 | Advisory (Participants) | $33,804 |
LUCIA SECURITIES1 year Filed as: LUCIA SECURITIES, LLC Service code 26 · EIN 95-4481399 13520 EVENING CREEK DRIVE N. · SAN DIEGO, CA 92128 | Advisory (Participants) | $29,230 |
Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 26 · EIN 13-5674085 2815 TOWNSGATE RD · WESTLAKE VILLAGE, CA 91361 | Advisory (Participants) | $9,719 |
WESPAC PLAN SERVICES, LLC5+ years Service code 13 · EIN 26-2824865 519 17TH STREET · OAKLAND, CA 94612 | Contract Administrator | $8,915 |
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB BANK Service code 13 · EIN 42-1558009 211 MAIN STREET · SAN FRANCISCO, CA 94105 | Contract Administrator | $5,425 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $112,867 | $52,961+113.1% | $172,752-34.7% | $65,185+73.1% |
| Participation rate | 84.1% | 66.2%+17.9pp | 82.6%+1.5pp | 70.2%+13.9pp |
| Annual return | 16.87% | 30.12%-13.3pp | 802.97%-786.1pp | 29.38%-12.5pp |
| Employer contribution / active EE | $5,158 | $2,190+135.5% | $5,144+0.3% | $2,177+137.0% |
| Participant deferral / active EE | $3,666 | $2,471+48.4% | $5,198-29.5% | $3,514+4.3% |
| Admin fee / account holder | $416 | $472-12.0% | $13,955-97.0% | $847-51.0% |