Filed July 2, 2014
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.1+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $13,800 |
CHARLES SCHWAB & CO., INC.1+ years Service code 33 · EIN 94-1737782 | Shareholder servicing fees; Float rev... | $818 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $1 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59 | Shareholder Servicing | $0 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $70,420 | $44,229+59.2% | $155,790-54.8% | $55,191+27.6% |
| Participation rate | 96.9% | 60.8%+36.1pp | 76.1%+20.8pp | 69.2%+27.8pp |
| Annual return | -0.00% | 0.37%-0.4pp | 71.54%-71.5pp | 10.78%-10.8pp |
| Employer contribution / active EE | $1,971 | $1,317+49.6% | $3,836-48.6% | $1,899+3.8% |
| Participant deferral / active EE | $5,012 | $2,851+75.8% | $4,797+4.5% | $3,046+64.5% |
| Admin fee / account holder | $21 | $86-76.0% | $7,478-99.7% | $91-77.2% |