Filed April 1, 2020 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $6,175 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $128,087 | $78,852+62.4% | $76,768+66.8% | $75,289+70.1% |
| Participation rate | 95.6% | 85.0%+10.7pp | 77.0%+18.7pp | 72.4%+23.2pp |
| Annual return | -3.82% | -1.29%-2.5pp | 2.43%-6.3pp | -0.04%-3.8pp |
| Employer contribution / active EE | $3,510 | $2,794+25.6% | $2,485+41.2% | $2,405+45.9% |
| Participant deferral / active EE | $12,405 | $4,800+158.5% | $3,852+222.1% | $3,739+231.8% |
| Admin fee / account holder | $2 | $79-97.0% | $6,676-100.0% | $102-97.7% |