1 SOURCE 401K RETIREMENT PLAN
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Overview
This report provides an Artificial Intelligence-driven analysis of 1 SOURCE. The goal of this analysis is to determine if plan participants with various portfolio sizes and risk tolerances can build well-diversified portfolios, given the investment options available. The report will also analyze other factors like expense ratios, fundamentals, and quality of investment options to provide insight into the strength of the plan. Tickeron’s A.I. uses a patented methodology known as Diversification Score ® to conduct this analysis. This report is organized as follows:
Part 1: 401(k) Plan Overview
- Plan Description
- Plan Details
- General Statistics
- Plan Menu
Part 2: Diversification Analysis & Findings
- Category Breakdown
- DivScore Analysis by Portfolio Size ($0 - $25K, $25 - $100K, $100K - $1M, $1M+) DivScore Analysis by Risk Tolerance (conservative, moderate, aggressive)
- Fees and Expenses
- Fundamentals
Part 3: Methodologies and Limitations
Part 4: Disclaimers
401(k) Plan Overview
Plan Description
1 SOURCE 401K PLAN is a defined contribution plan with a profit-sharing component and 401(k) feature. 1 SOURCE 401K PLAN currently has over active participants and over in plan assets.
Plan Details
| Location | |
|---|---|
| Administrator | |
| Administrator Phone | |
| Net Plan Assets | |
| Active Participants | |
| Total Participants | |
| Avg. Account Balance |
Plan Service Providers
| Service | Provider |
|---|
General Statistics
| Metric | Actual value | Rank out of 100 |
|---|---|---|
| Total Plan Cost This is the rate showing the proportion of Total Expenses in Average Net Assets. | ||
| Company Generosity This is the ratio of Employer Contributions to Employees contributions. | ||
| Rate of Return This is the average growth rate of the underlying investments of the plan over the most recent year, excluding contributions. | ||
| Participation Rate The ratio of active plan participants to the total number of eligible employees. | ||
| Account Balance Average account balance is calculated by dividing Net Assets to the Number of Active Participants. | ||
| Participant Loans as a Percentage of Plan Assets Indicates weather plan participants are borrowing excessively from their retirement accounts. | ||
| Average Participant Contributions The average amount of money that each plan participant contributes to the plan. | ||
| Average Employer Contributions per Participant The average amount of money the employer contributes to the plan of each participant. |
The performance, ranking and comparison details we provide are based solely on publicly available information we obtain from the Department of Labor (DOL) and proprietary Tickeron technology processes we utilize to analyze that information. We do not validate or confirm the accuracy or completeness of the information received. Others may evaluate information differently.
Plan Menu
Tickeron uses DOL 5500 form database to analyze 401k plans. While the forms required by DOL provide a lot of different information, there is practically no standard for reporting tickers or names of funds included in plan menus. This situation creates necessity to determine the actual ticker of each included fund, and results can vary depending on quality of the report. Some providers include very good descriptive names that allow for easy identification of funds, and others use shortened, scrambled, and often misspelled fund names that make it impossible to uniquely identify the fund, even after an analyst review.
To help users overcome this issue Tickeron has created “Plan Administrator Reporting Quality” measure that is based on the number of tickers successfully recognized by the AI and other measures. Plan menus with high Report Quality are easy to study and analyze, while plans with poor Report Quality are almost impossible to work with. Users are encouraged to contact respective Plan Administrator to tell them about poor Report Quality of their plans and ask them to improve reporting.
| Ticker / Fund | Group (G) / Category (C) / Type (T) |
|---|---|
| WELLS FARGO BANK, N.A. CORE BOND FUND | G Fixed Income Funds C Intermediate-Term Bond T Mutual Fund |
| WELLS FARGO BANK, N.A. MULTI-MANAGER SMALL CAP | G Domestic Stock Funds C Small Blend T Mutual Fund |
| WELLS FARGO BANK, N.A. DODGE & COX INTERMED BOND CIT TR | G Domestic Stock Funds C Large Value T Mutual Fund |
| WELLS FARGO BANK, N.A. INTERNATIONAL BOND CIT TR | G Fixed Income Funds C World Bond T Mutual Fund |
| WELLS FARGO BANK, N.A. BLACKROCK US AGG BD IND CIT TR | G Fixed Income Funds C Intermediate-Term Bond T Mutual Fund |
| WELLS FARGO BANK, N.A BLACKROCK S&P 500 INDEX CIT TR | G Fixed Income Funds C Muni National Short T Mutual Fund |
| WELLS FARGO BANK, N.A. STABLE RETURN FUND N | G Fixed Income Funds C Muni Single State Interm T Mutual Fund |
| WELLS FARGO BANK, N.A. STABLE RETURN FUND TR | G Domestic Stock Funds C Large Value T Mutual Fund |
| UNRECOGNIZED * WELLS FARGO BANK, N.A. BLACKROCK INTL EQ IND CIT TR | G N/A C N/A |
| UNRECOGNIZED * WELLS FARGO BANK, N.A. BLACKROCK RU 2000 IND CIT TR | G N/A C N/A |
| UNRECOGNIZED * WELLS FARGO BANK, N.A. BLACKROCK S&P MIDCAP IND CIT TR | G N/A C N/A |
| UNRECOGNIZED * WELLS FARGO BANK, N.A. CAUSEWAY INT'L VALUE | G N/A C N/A |
| UNRECOGNIZED * WELLS FARGO BANK, N.A. ENHANCED STOCK MARKET | G N/A C N/A |
| UNRECOGNIZED * WELLS FARGO BANK, N.A. MFS VALUE CIT TR | G N/A C N/A |
| UNRECOGNIZED * WELLS FARGO BANK, N.A. T. ROWE PRICE INSTL EQ IN | G N/A C N/A |
| UNRECOGNIZED * WELLS FARGO BANK, N.A. T. ROWE PRICE INTL LRGCAP GROWTH | G N/A C N/A |
* Tickeron AI was unable to recognize this record in DOL Form 5500
Breaking down your holdings by category can provide you insight into what ‘gaps’ may exist in your efforts to diversify. For example you can own an investment portfolio with exposure to large cap growth stocks, Emerging Markets stocks, and U.S. Treasuries. In a sense, you have diversified. But what about gaining exposure to other categories, like small-cap value, mid-cap growth, European stocks, and municipal bonds? Analyzing your holdings more closely, as the A.I. has done above, gives you a better view of your portfolio’s current diversification, which may present opportunities for re-allocating some of your capital.
Diversification Analysis & Findings
Category Breakdown
This part of the analysis takes a look at broad categories like Domestic Funds, Fixed Income Funds, and International, and breaks down the investment choices within each group. Generally speaking, the more variety available within each category, the better the chances of being able to build a broadly diversified portfolio.
Breaking down the investment options in the plan by category and sub-category can provide insight into what ‘gaps’ may exist within the plan. For example, your plan may have several domestic US funds available for investment, but what if a majority of them are large-cap? That could mean the plan is lacking in small and mid-cap options. The same diversification options should apply across all categories.
Diversification Analysis
The result of the A.I.’s review is presented as a single number - a Diversification Score® (DivScore®) that indicates how well your portfolio is diversified. DivScore® is calibrated similarly to your Credit Score - from 400 to 850. A high DivScore® may indicate that your asset allocation accurately reflects your financial situation and investment objectives, while a low DivScore® means you may want to consider adjusting your portfolio. The following tables represent hypothetical portfolios with four different ranges Less than $25K, $25K - $100K, $100K - $1M, and $1M+. Each Table represents combination of different risk tolerances and time horizons. Inside of each cell, one can see if a portfolio with these dollar amount, risk tolerance, and time horizon has an adequate selection of funds required for diversification.
Plan menu analysis based on account balance, risk tolerance and time horizon
| Risk Tolerance | 0 - 5 years | 5 - 15 years | 15+ years |
|---|---|---|---|
| Conservative | | | |
| Moderate | | | |
| Aggressive | | | |
| Risk Tolerance | 0 - 5 years | 5 - 15 years | 15+ years |
|---|---|---|---|
| Conservative | | | |
| Moderate | | | |
| Aggressive | | | |
| Risk Tolerance | 0 - 5 years | 5 - 15 years | 15+ years |
|---|---|---|---|
| Conservative | | | |
| Moderate | | | |
| Aggressive | | | |
| Risk Tolerance | 0 - 5 years | 5 - 15 years | 15+ years |
|---|---|---|---|
| Conservative | | | |
| Moderate | | | |
| Aggressive | | | |
Fees and Expenses
Fees and expenses are an important consideration when investing. Not all expenses are inherently bad - the manager may be worth the cost. At the same time, expenses dig into your total return, so it is important to be aware of how much you’re paying and whether the fees are worth it. Below, the A.I. takes a look at the expense ratios and other fees associated with the holdings in your portfolio.
| Expense Ratio | Ticker | Name | Group | Fund Family | No Load |
|---|---|---|---|---|---|
0.46 % | BlackRock Core Bond K | Fixed Income Funds | BlackRock | NO | |
1.05 % | Multi-Manager Small Cap Eq Strat Inst | Domestic Stock Funds | Columbia | NO | |
0.52 % | Dodge & Cox Stock | Domestic Stock Funds | Dodge & Cox | YES | |
0.85 % | Wells Fargo International Bond Admin | Fixed Income Funds | Wells Fargo Funds | NO | |
0.44 % | BlackRock Total Return Instl | Fixed Income Funds | BlackRock | NO | |
0.46 % | BlackRock Short-Term Municipal Inv A1 | Fixed Income Funds | BlackRock | NO | |
0.70 % | Dupree NC Tax-Free Income | Fixed Income Funds | Dupree | YES | |
0.78 % | T. Rowe Price Value | Domestic Stock Funds | T. Rowe Price | YES |
Minimizing fees where possible can boost total returns over time. When choosing investments for your 401(k) plan, make the expense ratio and associated fees part of the consideration process.
Fundamentals
A stock/bond/mutual fund or any other type of security’s fundamentals largely determine whether or not it makes sense to own it. Most investors leave it up to professional analysts and advisors to do this type of grunt work - but in this case Tickeron’s A.I. does it. The A.I. details fundamentals for each security held in the 401(k) plan. This analysis gives the plan administrator and plan participants a sense of the company or funds’ revenue, manager tenure, P/E ratio (valuation), risk, and other key metrics. For glossary definitions of each term, please visit www.tickeron.com.
| Ticker | Expense Ratio | Front Load | Min. Initial Investment | Net Assets | Fund Existence | Manager Tenure | Turn Over | Morning Star Category |
|---|---|---|---|---|---|---|---|---|
| BlackRock Core Bond K | 0.46 % | N/A | $ 5,000,000 | $ 3,963,022,000 | 26.1 year (s) | 6.3 year(s) | 684.00 | Intermediate Core Bond |
| Multi-Manager Small Cap Eq Strat Inst | 1.05 % | N/A | $ 100 | $ 1,538,266,000 | 6.4 year (s) | 3.2 year(s) | 97.00 | Small Blend |
| Dodge & Cox Stock | 0.52 % | N/A | $ 2,500 | $ 64,883,980,000 | 58.4 year (s) | 13.6 year(s) | 17.00 | Large Value |
| Wells Fargo International Bond Admin | 0.85 % | N/A | $ 1,000,000 | $ 104,295,800 | 12.8 year (s) | 9.7 year(s) | 129.00 | World Bond |
| BlackRock Total Return Instl | 0.44 % | N/A | $ 2,000,000 | $ 17,428,970,000 | 15.7 year (s) | 7.0 year(s) | 574.00 | Intermediate Core-Plus Bond |
| BlackRock Short-Term Municipal Inv A1 | 0.46 % | N/A | $ 0 | $ 517,348,800 | 28.6 year (s) | 1.9 year(s) | 129.00 | Muni National Short |
| Dupree NC Tax-Free Income | 0.70 % | N/A | $ 100 | $ 163,179,600 | 27.5 year (s) | 12.5 year(s) | 13.02 | Muni Single State Interm |
| T. Rowe Price Value | 0.78 % | N/A | $ 2,500 | $ 25,250,930,000 | 28.7 year (s) | N/A | 146.30 | Large Value |
Taking a closer look at the fundamentals of each security can help investors determine if any of the securities are potentially overvalued, too costly, falling short on dividend yields, too risky, too big or small, and so on. Tickeron performs the difficult work of analyzing each security in the plan and breaking down its fundamentals in an easy-to-understand format.
Methodologies and Limitations
The purpose of this report is to provide an Artificial Intelligence-driven analysis of 1 SOURCE 401K PLAN. To conduct the analysis, the A.I. uses a patented methodology developed by Tickeron, known as Diversification Score®:
Diversification Score® and Methodology
Diversification Score® (DivScore) is a metric Tickeron created to measure an investment portfolio’s diversification (or potential for diversification) on a scale of 400 (poorly diversified) to 850 (well diversified).
Much like a Credit Score measures a person's creditworthiness based on financial history, a Diversification Score measures how effectively a portfolio can be diversified based on certain parameters. In the case of 401(k) plans, the Diversification Score is calculated based on a sampling of hypothetical employees’ investment objectives, risk tolerances, portfolio values, years until withdrawal, and available investment options in the 401(k) plan (amongst other factors).
The technology behind Diversification Score involves a sophisticated algorithm that measures factors like asset class, sharpe ratio, correlations, and more.
DivScore is calculated in 3 Steps :
- Step 1: Determine selection quality
- Selection Quality is calculated on a scale of 0 - 100%. An optimal Selection Quality would be rated 100%.
- Tickeron’s Selection Quality algorithm is designed to analyze the investment options available in the 401(k) plan, to determine if an investor has the ability to select an optimal mix of investments relative to his/her investment objectives, risk tolerance, portfolio value, and other factors. The algorithm will also determine if the investor can select an adequate mix of non-correlated assets.
- Step 2: Determine Allocation Quality
- Allocation Quality on a scale of 0-100%. An optimal Allocation Quality would be rated 100%.
- The Allocation Quality algorithm analyzes what percentage an investor has allocated to each position in his/her portfolio. An investor, for example, can have 100% Selection Quality if she has made good investment choices, but can have a poor Allocation Quality score if she has allocated the wrong percentages to each position.
- Step 3: Calculate DivScore
- Once the Selection Quality and Allocation Quality scores have been calculated, the algorithm will merge the data to calculate the DivScore on a scale of 400 to 850. This range is very similar to a credit score. For example, a Divscore of 750 would indicate that the portfolio is well diversified, just as a credit score of 750 indicates excellent creditworthiness and low risk of default.
Limitations
Diversification Score® is not meant to provide a definitive measure of how well a portfolio is diversified. It is designed to give investors and 401(k) administrators a better understanding of how well an investment portfolio can be diversified given the investment options available. If an investor has already created a portfolio, Diversification Score can give him/her guidance as to whether a portfolio is poorly diversified and needs work, or whether the portfolio is well-diversified and the investor is on the right track
Disclaimers
Although our services incorporate historical financial information, past financial performance is not a guarantee or indicator of future results. Moreover, although we believe the historical information and strategies we use are reliable, we cannot guarantee them. Our services should not be considered as advice or recommendations to investors or potential investors in relation to purchasing, holdings, or selling securities and does not take into account your particular investment horizon, financial situation or current or long term needs, but they are not a substitute for your own informed judgment or decisions. Moreover, they provide only some of the resources that could possibly assist you in making your investment decisions. You may accept, reject or modify the recommendations we provide, and you are encouraged to may consult with other advisors or professionals (at your expense) as you see fit regarding your personal circumstances. You are responsible for verifying the rules of your 401(k) Plan before making investment decisions. We do not and cannot guarantee the future performance of your investments. We do not promise that investments we recommend will be profitable.
All investments are subject to various market, currency, economic, political and business risks. We do not guarantee the suitability or value of any investment information or strategy. We do not recommend any brokers or dealers for executing transactions or maintaining accounts and do not provide a mechanism for placing trades through this site. We are not responsible for advice or information you receive from anyone through the use of this site.
We are not responsible for any transfers of money to any member outside of our payment system. Additional information can be found in our Terms of Use, Client Agreement, and Privacy Policy. All graphs and data on our website and marketing materials are based on simulated or hypothetical performance that have certain inherent limitations. Hypothetical performance of the portfolio is not an indicator of actual results. The results do not represent returns that any portfolio actually attained and do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades were not actually executed, results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Unlike the graphs shown in an actual performance record, these graphs do not represent actual trading. Any trades on websites are recorded paper trades and have not been executed. Simulated or hypothetical trading algorithms in general are also subject to the fact that they might be designed with the benefit of some hindsight during backtesting.
No representations are made that any actual account will or is likely to achieve any profits or limit losses similar to these graphs or data being shown. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for your investment portfolio. Users of this information do not receive investment advisory advice regarding an actual portfolio or ongoing review or monitoring of the user’s investment portfolio or individual particular needs. Therefore, no user should assume that his/her/its use of these services is a substitute for individual personalized advice from an investment professional of the user’s choosing.
ASSUMPTIONS AND METHODS USED
The following are material assumptions used when calculating any hypothetical graphs and presenting results that appear on our website:
- Profits are reinvested. We assume profits (when there are profits) are reinvested in the trading algorithms.
- Any trading fees and commissions are not included.