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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $69,777 |
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB & CO INC Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $252 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $178,087 | $109,359+62.8% | $162,177+9.8% | $72,975+144.0% |
| Participation rate | 93.3% | 84.3%+9.1pp | 87.6%+5.8pp | 69.5%+23.8pp |
| Annual return | 18.35% | 25.46%-7.1pp | 115.60%-97.3pp | 81.01%-62.7pp |
| Employer contribution / active EE | $7,947 | $3,907+103.4% | $5,613+41.6% | $2,440+225.7% |
| Participant deferral / active EE | $10,894 | $5,481+98.8% | $7,297+49.3% | $3,608+202.0% |
| Admin fee / account holder | $459 | $7,972-94.2% | $10,843-95.8% | $5,124-91.0% |