| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $172,547 |
CHARLES SCHWAB & CO., INC.4+ years Service code 33 · EIN 94-1737782 | Shareholder servicing fees; Securitie... | $663 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 41-1558009 | Directed Trustee | $3 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59 | Shareholder Servicing | $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 | $13,670 | $83,812-83.7% | $123,553-88.9% | $68,904-80.2% |
| Participation rate | 41.8% | 77.0%-35.3pp | 82.3%-40.5pp | 74.1%-32.4pp |
| Annual return | 15.53% | 0.60%+14.9pp | 119.21%-103.7pp | 1.07%+14.5pp |
| Employer contribution / active EE | $535 | $2,924-81.7% | $4,628-88.4% | $2,540-78.9% |
| Participant deferral / active EE | $1,671 | $5,609-70.2% | $6,426-74.0% | $4,015-58.4% |
| Admin fee / account holder | $37 | $65-42.5% | $9,284-99.6% | $71-47.6% |