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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 | $129,227-53.1% | $184,256-67.1% | $77,762-22.0% |
| Participation rate | 76.2% | 87.4%-11.1pp | 86.8%-10.6pp | 70.6%+5.6pp |
| Annual return | 23.75% | 33.24%-9.5pp | 28.85%-5.1pp | 31.27%-7.5pp |
| Employer contribution / active EE | $5,274 | $4,412+19.5% | $6,427-17.9% | $2,728+93.3% |
| Participant deferral / active EE | $10,805 | $7,307+47.9% | $9,133+18.3% | $4,651+132.3% |
| Admin fee / account holder | $44 | $256-83.0% | $13,899-99.7% | $433-89.9% |