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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.1+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES, IN Service code 15 · EIN 34-1479833 | Recordkeeping | $110,973 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $19 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $36,539 | $71,957-49.2% | $67,653-46.0% | $59,188-38.3% |
| Participation rate | 67.4% | 82.7%-15.3pp | 75.7%-8.3pp | 69.4%-2.0pp |
| Annual return | 1.21% | 8.53%-7.3pp | 6625.22%-6624.0pp | 5.51%-4.3pp |
| Employer contribution / active EE | $1,373 | $2,432-43.6% | $2,266-39.4% | $2,098-34.6% |
| Participant deferral / active EE | $920 | $4,211-78.2% | $3,560-74.2% | $3,265-71.8% |
| Admin fee / account holder | $81 | $64+25.9% | $4,821-98.3% | $92-12.4% |