Filed June 8, 2022 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VALLEY WEALTH INC Service code 26 · EIN 26-1224812 | Advisory (Participants) | $63,997 |
FINANCIAL DECISIONS1+ years Service code 15 · EIN 68-0236865 | Recordkeeping | $14,630 |
401 PLANS1+ years Service code 50 40 W. COCHRAN ST · SIMI VALLEY, CA 93065 | Direct Payment | $11,709 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO, INC Service code 28 | Investment Management | $0 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 94-1737782 | Directed Trustee | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,459 | $43,550+34.2% | $63,244-7.6% | $52,331+11.7% |
| Participation rate | 91.9% | 65.7%+26.2pp | 71.0%+20.9pp | 68.1%+23.8pp |
| Annual return | -1.12% | 2.03%-3.2pp | -70.31%+69.2pp | 4.54%-5.7pp |
| Employer contribution / active EE | $1,432 | $1,351+6.0% | $2,322-38.3% | $1,882-23.9% |
| Participant deferral / active EE | $2,600 | $2,254+15.3% | $2,953-12.0% | $3,022-14.0% |
| Admin fee / account holder | $324 | $387-16.3% | $5,893-94.5% | $592-45.3% |