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, LLC5+ years Filed as: WESPAC ADVISORS, LLC Service code 26 · EIN 26-2824668 519 17TH STREET · OAKLAND, CA 94612 | Advisory (Participants) | $23,160 |
WESPAC PLAN SERVICES, LLC5+ years Service code 13 · EIN 26-2824865 519 17TH STREET · OAKLAND, CA 94612 | Contract Administrator | $13,034 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $48,874 | $58,851-17.0% | $115,157-57.6% | $72,985-33.0% |
| Participation rate | 84.6% | 65.5%+19.1pp | 75.9%+8.7pp | 69.5%+15.1pp |
| Annual return | 23.36% | 23.16%+0.2pp | 35.60%-12.2pp | 81.00%-57.6pp |
| Employer contribution / active EE | $3,871 | $1,798+115.3% | $3,179+21.8% | $2,440+58.6% |
| Participant deferral / active EE | $5,700 | $2,643+115.7% | $4,168+36.7% | $3,607+58.0% |
| Admin fee / account holder | $315 | $6,370-95.1% | $7,088-95.6% | $5,124-93.9% |