Filed August 11, 2023 (most recent of 4 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $6,316 |
CHARLES SCHWAB & CO., INC.3 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,830 | $76,112-59.5% | $96,544-68.1% | $71,529-56.9% |
| Participation rate | 89.1% | 74.4%+14.7pp | 76.0%+13.1pp | 67.9%+21.2pp |
| Annual return | 12.59% | 22.80%-10.2pp | 25.88%-13.3pp | 28.97%-16.4pp |
| Employer contribution / active EE | $1,450 | $2,248-35.5% | $2,966-51.1% | $2,590-44.0% |
| Participant deferral / active EE | $4,083 | $4,217-3.2% | $4,851-15.8% | $4,291-4.9% |
| Admin fee / account holder | $45 | $2,708-98.3% | $8,254-99.5% | $1,588-97.2% |