Wedbush Securities 401(k) match, vesting and fees
What Wedbush Securities' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Schwab Retirement Plan Services Inc | Schedule C ↗ |
| Independent auditor | Hedman Partners LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Wedbush Securities: employer contribution per participant | $6,055 | |
| Peer median | $2,966 |
| Wedbush Securities: average balance | $173,435 | |
| Peer median | $104,792 |
| Wedbush Securities: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $147M at the end of plan year 2021 to $182M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,129 | $182M | $6.4M | $6,055 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 1,154 | $152M | $5.4M | $5,070 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 1,144 | $122M | $4.9M | $4,725 | 0.03% | Not published | Form 5500 ↗ |
| 2021 | 1,111 | $147M | $5.8M | $5,654 | 0.02% | Not published | Form 5500 ↗ |
Common questions
Does Wedbush Securities match 401(k) contributions?
The match terms for the Wedbush Securities Inc. Employees' Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $6.4M in employer contributions, about $6,055 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Wedbush Securities 401(k) match vested?
The vesting schedule for the Wedbush Securities Inc. Employees' Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Wedbush Securities 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services Inc. The plan administrator is Wedbush Securities Inc..
I left Wedbush Securities. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Wedbush Securities Inc., (213) 688-8000) or the recordkeeper, Schwab Retirement Plan Services Inc. The Wedbush Securities old 401(k) page lists the contacts from every plan filing. Find an old Wedbush Securities 401(k)
Data from the public Form 5500 annual reports Wedbush Securities filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Wedbush Securities. Not financial advice. Report a correction · Methodology