| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.1+ years Service code 33 · EIN 94-1737782 | Shareholder servicing fees; Float rev... | $241 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $18,948 | $86,791-78.2% | $115,038-83.5% | $59,188-68.0% |
| Participation rate | 39.9% | 72.8%-32.9pp | 81.4%-41.4pp | 69.4%-29.5pp |
| Annual return | 1.23% | 4.44%-3.2pp | 26.14%-24.9pp | 5.51%-4.3pp |
| Employer contribution / active EE | $651 | $2,950-77.9% | $4,608-85.9% | $2,098-69.0% |
| Participant deferral / active EE | $2,382 | $5,298-55.0% | $6,026-60.5% | $3,265-27.0% |
| Admin fee / account holder | $11 | $95-88.6% | $8,175-99.9% | $92-88.2% |