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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.3+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $82,537 |
Service code 28 · EIN 47-1411118 | Investment Management | $6,875 |
SAX LLP1 year Filed as: SAX BST LLP Service code 64 · EIN 46-4001827 | Recordkeeping Fees | $6,626 |
CHARLES SCHWAB & CO., INC.3+ years Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $75 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $523,073 | $80,753+547.7% | $136,298+283.8% | $62,293+739.7% |
| Participation rate | 94.2% | 73.5%+20.6pp | 81.9%+12.2pp | 69.5%+24.6pp |
| Annual return | 17.58% | 35.83%-18.3pp | 5156.27%-5138.7pp | 28.90%-11.3pp |
| Employer contribution / active EE | $11,731 | $2,884+306.8% | $4,696+149.8% | $2,042+474.4% |
| Participant deferral / active EE | $8,405 | $5,164+62.8% | $6,247+34.5% | $3,169+165.2% |
| Admin fee / account holder | $604 | $525+15.0% | $9,244-93.5% | $479+26.0% |