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| Provider | Service type | Compensation |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $62,660 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO INC AND AFFILIA Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.2 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $54,371 | $95,918-43.3% | $151,639-64.1% | $77,906-30.2% |
| Participation rate | 57.8% | 88.7%-30.9pp | 87.5%-29.7pp | 73.7%-15.9pp |
| Annual return | -15.47% | -5.50%-10.0pp | 3.34%-18.8pp | 12.16%-27.6pp |
| Employer contribution / active EE | $3,804 | $4,330-12.2% | $6,165-38.3% | $2,846+33.6% |
| Participant deferral / active EE | $6,946 | $7,508-7.5% | $8,363-16.9% | $4,805+44.6% |
| Admin fee / account holder | $62 | $93-33.3% | $11,613-99.5% | $133-53.1% |