Filed March 25, 2022
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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.4+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $284,620 |
CHARLES SCHWAB & CO., INC.4+ years Service code 33 · EIN 94-1737782 | Float revenue; Securities brokerage c... | $2,144 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $9 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59 | Shareholder Servicing | $0 |
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 | $58,375 | $64,311-9.2% | $110,243-47.0% | $75,289-22.5% |
| Participation rate | 96.4% | 79.3%+17.2pp | 79.8%+16.6pp | 72.4%+24.0pp |
| Annual return | -3.88% | -1.74%-2.1pp | 314.76%-318.6pp | -0.04%-3.8pp |
| Employer contribution / active EE | $3,147 | $2,404+30.9% | $3,827-17.8% | $2,405+30.8% |
| Participant deferral / active EE | $4,725 | $3,892+21.4% | $4,672+1.1% | $3,739+26.4% |
| Admin fee / account holder | $179 | $88+104.3% | $8,548-97.9% | $102+75.0% |