Filed April 30, 2021
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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.2 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
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 | $53,343 | $58,264-8.4% | $86,617-38.4% | $71,495-25.4% |
| Participation rate | 99.5% | 65.0%+34.5pp | 71.7%+27.8pp | 67.9%+31.6pp |
| Annual return | 19.81% | 21.63%-1.8pp | 591.91%-572.1pp | 28.85%-9.0pp |
| Employer contribution / active EE | $4,500 | $2,574+74.8% | $3,023+48.9% | $2,589+73.8% |
| Participant deferral / active EE | $8,853 | $3,436+157.6% | $4,437+99.5% | $4,291+106.3% |
| Admin fee / account holder | $8 | $1,057-99.3% | $5,613-99.9% | $1,588-99.5% |