Filed June 9, 2022
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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.9+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES Service code 15 · EIN 34-1479833 | Recordkeeping | $23,223 |
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB & CO. INC. Service code 59 | Shareholder Servicing | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,897 | $95,438-51.9% | $135,998-66.3% | $74,478-38.4% |
| Participation rate | 84.6% | 78.2%+6.4pp | 81.9%+2.7pp | 70.7%+13.8pp |
| Annual return | 16.14% | 32.61%-16.5pp | 68.37%-52.2pp | 34.37%-18.2pp |
| Employer contribution / active EE | $7,171 | $3,878+84.9% | $4,860+47.6% | $2,637+172.0% |
| Participant deferral / active EE | $0 | $7,790-100.0% | $7,761-100.0% | $4,530-100.0% |
| Admin fee / account holder | $25 | $259-90.3% | $10,769-99.8% | $347-92.7% |