Filed October 5, 2023
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 | $88,031 |
Filed as: MERRILL LYNCH CONSULTING SERVI Service code 28 · EIN 13-5674085 | Investment Management | $44,935 |
Filed as: CHARLES SCHWAB & CO INC AND AFFIL Service code 59 | Shareholder Servicing | $0 |
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.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $215,460 | $51,620+317.4% | $90,281+138.7% | $65,185+230.5% |
| Participation rate | 99.1% | 68.6%+30.5pp | 73.3%+25.9pp | 70.2%+28.9pp |
| Annual return | 21.43% | 24.94%-3.5pp | 78.10%-56.7pp | 29.38%-8.0pp |
| Employer contribution / active EE | $2,901 | $2,235+29.8% | $2,854+1.6% | $2,177+33.3% |
| Participant deferral / active EE | $8,221 | $2,871+186.4% | $3,885+111.6% | $3,514+134.0% |
| Admin fee / account holder | $700 | $384+82.1% | $5,351-86.9% | $847-17.4% |