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| Provider | Service type | Compensation |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $99,060 |
Filed as: LOCKTON INVESTMENT ADVISORS Service code 28 · EIN 20-8874282 | Investment Management | $40,594 |
Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $2 |
Filed as: CHARLES SCHWAB & CO INC & AFFILIATE Service code 59 | Shareholder Servicing | $0 |
Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $25,053 | $88,874-71.8% | $123,553-79.7% | $75,289-66.7% |
| Participation rate | 68.2% | 75.9%-7.7pp | 82.3%-14.1pp | 72.4%-4.2pp |
| Annual return | 2.97% | 4.22%-1.2pp | 119.21%-116.2pp | -0.04%+3.0pp |
| Employer contribution / active EE | $2,130 | $3,256-34.6% | $4,628-54.0% | $2,405-11.4% |
| Participant deferral / active EE | $4,063 | $6,174-34.2% | $6,426-36.8% | $3,739+8.7% |
| Admin fee / account holder | $105 | $95+11.0% | $9,284-98.9% | $102+2.6% |