Filed May 15, 2018 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
WESPAC PLAN SERVICES, LLC4+ years Filed as: WESPAC ADVISORS, LLC Service code 26 · EIN 26-2824668 519 17TH STREET · OAKLAND, CA 94612 | Advisory (Participants) | $20,602 |
WESPAC PLAN SERVICES, LLC4+ years Service code 13 · EIN 26-2824865 519 17TH STREET · OAKLAND, CA 94612 | Contract Administrator | $11,236 |
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.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,343 | $65,557-30.8% | $105,738-57.1% | $56,287-19.4% |
| Participation rate | 55.0% | 63.4%-8.4pp | 76.3%-21.3pp | 69.9%-14.8pp |
| Annual return | -7.29% | -1.32%-6.0pp | 6.27%-13.6pp | -9.96%+2.7pp |
| Employer contribution / active EE | $1,436 | $1,788-19.7% | $3,268-56.0% | $2,111-32.0% |
| Participant deferral / active EE | $1,926 | $2,418-20.4% | $4,080-52.8% | $3,350-42.5% |
| Admin fee / account holder | $354 | $561-37.0% | $6,913-94.9% | $521-32.1% |