Filed August 11, 2023 (most recent of 4 filings on file)
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 7-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 |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $6,531 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,954 | $65,435-61.9% | $86,677-71.2% | $66,914-62.7% |
| Participation rate | 84.5% | 75.5%+9.0pp | 76.6%+7.9pp | 69.8%+14.7pp |
| Annual return | -12.86% | -10.89%-2.0pp | 35.91%-48.8pp | 1.58%-14.4pp |
| Employer contribution / active EE | $1,385 | $2,153-35.7% | $2,836-51.2% | $2,544-45.6% |
| Participant deferral / active EE | $4,303 | $4,100+4.9% | $4,656-7.6% | $4,237+1.6% |
| Admin fee / account holder | $47 | $642-92.7% | $7,493-99.4% | $593-92.1% |