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SOURCEHOV, LLC

Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Exela 401(K) Plan
This plan lags significantly behind industry standards, which can hurt recruitment efforts and lead to higher employee turnover.
SOURCEHOV, LLC
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Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$0
Avg Employer Contribution per Person per Year
Laggard
EE Friendly
Plan Design
Top Benefits
EE Friendly
Admin Fees as a % of Total Assets
Competitive
11%
1 Year Return
Below

Peer Group

Size
500+ employees
Region
South Central
Industry
Professional, Scientific, and Technical Services

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
Exela 401(K) Plan
Plan type
401k
Plan start date
01/01/1997
Plan assets
$338,873,009
Participation Rate
80.10 %
Loan %
1.13 %
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Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
Yes
Self-directed
Yes
Auto-Enroll
Yes
Vesting Requirements
No

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
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