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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $40,495 |
VITA PLANNING GROUP LLC1 year Service code 28 · EIN 85-4118778 | Investment Management | $11,648 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,916 | $107,741-47.2% | $96,576-41.1% | $79,634-28.5% |
| Participation rate | 90.1% | 79.1%+11.0pp | 81.4%+8.7pp | 62.5%+27.6pp |
| Annual return | 27.70% | 19.24%+8.5pp | 38.47%-10.8pp | 36.46%-8.8pp |
| Employer contribution / active EE | $77 | $2,991-97.4% | $3,553-97.8% | $2,529-96.9% |
| Participant deferral / active EE | $12,096 | $7,899+53.1% | $7,956+52.0% | $3,835+215.5% |
| Admin fee / account holder | $101 | $1,150-91.3% | $11,381-99.1% | $1,002-90.0% |