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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 16-1450952 | Recordkeeping | $71,671 |
Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $5,358 |
Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 | $92,975 | $98,982-6.1% | $162,177-42.7% | $65,185+42.6% |
| Participation rate | 86.2% | 85.8%+0.4pp | 87.6%-1.4pp | 70.2%+16.0pp |
| Annual return | 18.84% | 24.84%-6.0pp | 115.60%-96.8pp | 29.38%-10.5pp |
| Employer contribution / active EE | $2,093 | $3,467-39.6% | $5,613-62.7% | $2,177-3.8% |
| Participant deferral / active EE | $5,545 | $5,384+3.0% | $7,297-24.0% | $3,514+57.8% |
| Admin fee / account holder | $381 | $596-36.1% | $10,843-96.5% | $847-55.0% |