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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.2+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $32,291 |
CHARLES SCHWAB & CO., INC.2+ years Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $95 |
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 | $60,644 | $129,159-53.0% | $184,243-67.1% | $77,714-22.0% |
| Participation rate | 76.2% | 87.4%-11.1pp | 86.8%-10.6pp | 70.6%+5.7pp |
| Annual return | 23.75% | 33.22%-9.5pp | 28.82%-5.1pp | 31.26%-7.5pp |
| Employer contribution / active EE | $5,274 | $4,410+19.6% | $6,427-17.9% | $2,727+93.4% |
| Participant deferral / active EE | $10,805 | $7,305+47.9% | $9,132+18.3% | $4,649+132.4% |
| Admin fee / account holder | $44 | $256-83.0% | $13,914-99.7% | $433-89.9% |