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, LLC8+ years Filed as: WESPAC ADVISORS, LLC Service code 26 · EIN 26-2824668 519 17TH STREET · OAKLAND, CA 94612 | Advisory (Participants) | $25,525 |
WESPAC PLAN SERVICES, LLC8+ years Service code 13 · EIN 26-2824865 519 17TH STREET · OAKLAND, CA 94612 | Contract Administrator | $13,143 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,132 | $52,122-32.6% | $104,294-66.3% | $64,808-45.8% |
| Participation rate | 38.3% | 56.0%-17.7pp | 73.3%-35.0pp | 71.5%-33.2pp |
| Annual return | -17.87% | 13.26%-31.1pp | 24.61%-42.5pp | 32.82%-50.7pp |
| Employer contribution / active EE | $833 | $1,627-48.8% | $3,372-75.3% | $2,506-66.7% |
| Participant deferral / active EE | $1,526 | $2,823-45.9% | $4,625-67.0% | $4,310-64.6% |
| Admin fee / account holder | $270 | $155+74.9% | $7,339-96.3% | $188+44.0% |