Filed April 30, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $2,905 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.3 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,184 | $60,454+9.5% | $81,844-19.1% | $74,459-11.1% |
| Participation rate | 99.5% | 63.0%+36.6pp | 72.4%+27.1pp | 67.2%+32.3pp |
| Annual return | 18.03% | 16.87%+1.2pp | 778.87%-760.8pp | 1369.70%-1351.7pp |
| Employer contribution / active EE | $4,680 | $2,630+78.0% | $2,916+60.5% | $2,626+78.2% |
| Participant deferral / active EE | $9,475 | $3,398+178.8% | $4,323+119.2% | $4,350+117.8% |
| Admin fee / account holder | $10 | $1,490-99.3% | $7,355-99.9% | $1,945-99.5% |