| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.6 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $543,927 |
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO BANK Service code 28 · EIN 94-1347393 | Investment Management | $33,274 |
CHARLES SCHWAB & CO., INC.7+ years Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $1,106 |
CHARLES SCHWAB & CO., INC.7+ 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.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,530 | $107,662-70.7% | $159,495-80.2% | $106,520-70.4% |
| Participation rate | 50.3% | 69.4%-19.1pp | 82.8%-32.6pp | 71.3%-21.0pp |
| Annual return | 24.37% | 22.17%+2.2pp | 263.72%-239.3pp | 19.28%+5.1pp |
| Employer contribution / active EE | $772 | $2,741-71.8% | $4,831-84.0% | $2,840-72.8% |
| Participant deferral / active EE | $2,537 | $6,799-62.7% | $7,354-65.5% | $4,948-48.7% |
| Admin fee / account holder | $86 | $69+25.5% | $10,804-99.2% | $75+15.5% |