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, LLC9+ years Filed as: WESPAC ADVISORS, LLC Service code 26 · EIN 26-2824668 519 17TH FLOOR · OAKLAND, CA 94612 | Advisory (Participants) | $27,018 |
WESPAC PLAN SERVICES, LLC9+ years Service code 13 · EIN 26-2824865 519 17TH FLOOR · OAKLAND, CA 94612 | Contract Administrator | $11,985 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $42,469 | $57,739-26.4% | $112,229-62.2% | $74,419-42.9% |
| Participation rate | 42.8% | 55.6%-12.8pp | 72.4%-29.6pp | 70.7%-27.9pp |
| Annual return | 14.27% | 19.52%-5.3pp | 30.20%-15.9pp | 34.38%-20.1pp |
| Employer contribution / active EE | $1,198 | $1,675-28.5% | $3,430-65.1% | $2,637-54.6% |
| Participant deferral / active EE | $1,988 | $2,891-31.2% | $4,798-58.6% | $4,528-56.1% |
| Admin fee / account holder | $276 | $462-40.3% | $7,748-96.4% | $348-20.7% |