Filed January 3, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 31-1360674 | Recordkeeping | $15,111 |
Filed as: CHARLES SCHWAB TRUST BANK Service code 25 · EIN 82-3967259 | Directed Trustee | $6,544 |
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 | $388,899 | $136,307+185.3% | $177,840+118.7% | $73,493+429.2% |
| Participation rate | 98.5% | 86.1%+12.4pp | 87.7%+10.7pp | 70.7%+27.8pp |
| Annual return | 13.05% | 18.68%-5.6pp | 48.32%-35.3pp | 28.51%-15.5pp |
| Employer contribution / active EE | $20,546 | $3,712+453.5% | $5,919+247.1% | $2,270+805.1% |
| Participant deferral / active EE | $7,843 | $5,829+34.6% | $7,714+1.7% | $3,740+109.7% |
| Admin fee / account holder | $143 | $596-75.9% | $12,431-98.8% | $513-72.1% |