Filed March 3, 2021
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.5 years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $80,611 |
CHARLES SCHWAB & CO., INC.3 years Service code 33 · EIN 94-1737782 | Securities brokerage; Direct payment ... | $599 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,406 | $56,503-5.5% | $70,092-23.8% | $64,808-17.6% |
| Participation rate | 97.4% | 70.5%+26.9pp | 70.5%+26.9pp | 71.5%+25.9pp |
| Annual return | -15.47% | -13.44%-2.0pp | 190.73%-206.2pp | 32.82%-48.3pp |
| Employer contribution / active EE | $2,895 | $2,046+41.5% | $2,559+13.1% | $2,506+15.5% |
| Participant deferral / active EE | $4,675 | $3,389+37.9% | $3,849+21.5% | $4,310+8.5% |
| Admin fee / account holder | $113 | $160-29.4% | $6,267-98.2% | $188-39.7% |