Plan Ledger DOL Form 5500 · updated monthly

Wedbush Securities Inc.401(k)

WEDBUSH SECURITIES INC. EMPLOYEES' RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Wedbush Securities Inc. reported $49,474 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,130 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.027% to 0.030%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 606th-largest of 9,483 plans among California employers on file, and the 622nd of 4,798 in finance & insurance. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$182,106,245
Participants with balances1,050
Active participants782
Employer contributions$6,357,560
Employee contributions$9,521,093
Employer contribution per active participant$8,130
Average account balance$173,435
Benefits paid to participants$15,183,696
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$182.1M · 1,050 accts · $6.4M emplr
2023$151.8M · 1,063 accts · $5.4M emplr
2022$121.9M · 1,045 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,432
Investment management$26,042
Total administrative$49,474
The Wedbush Securities Inc. 401(k) match · 2024
Employer contribution per active participant$8,130
Median for plans this size$3,635
2024$8,130 per active participant
2023$6,565 per active participant
2022$6,126 per active participant

Wedbush Securities Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$46,838
CHARLES SCHWAB & CO., INC. · Securities brokerage$3,752

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,474 · 0.03%
2023$39,438 · 0.03%
2022$36,414 · 0.03%
Same employer
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Fremont Bancorporation CA$208.7M · 0.02%
Scan Group CA$201.2M · 0.15%
Sofi Technologies CA$192.9M · 0.04%
Cvb Financial Corp. CA$187.3M · 0.09%
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Source: U.S. Department of Labor, Form 5500 series, EIN 952495390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.