Filed October 5, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.3+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $74,191 |
Filed as: MERRILL LYNCH PROFESSIONAL Service code 28 · EIN 13-5674085 | Investment Management | $41,870 |
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO., INC Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $177,576 | $50,637+250.7% | $86,582+105.1% | $62,293+185.1% |
| Participation rate | 98.6% | 67.9%+30.7pp | 73.5%+25.0pp | 69.5%+29.1pp |
| Annual return | 16.98% | 20.80%-3.8pp | 965.08%-948.1pp | 28.90%-11.9pp |
| Employer contribution / active EE | $2,762 | $2,075+33.1% | $2,839-2.7% | $2,042+35.2% |
| Participant deferral / active EE | $6,883 | $2,611+163.6% | $3,609+90.7% | $3,169+117.2% |
| Admin fee / account holder | $547 | $413+32.5% | $4,904-88.8% | $479+14.2% |