Filed March 25, 2022
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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 | $291,509 |
BDO USA, LLP1 year Service code 10 · EIN 13-5381590 | Accounting | $16,500 |
CHARLES SCHWAB & CO., INC.6+ years Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $958 |
Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,081 | $82,783-8.1% | $133,978-43.2% | $90,274-15.7% |
| Participation rate | 96.8% | 81.3%+15.5pp | 79.8%+17.0pp | 73.4%+23.5pp |
| Annual return | 13.31% | 21.89%-8.6pp | 45.10%-31.8pp | 53.97%-40.7pp |
| Employer contribution / active EE | $2,571 | $2,388+7.7% | $3,919-34.4% | $2,523+1.9% |
| Participant deferral / active EE | $5,113 | $4,291+19.2% | $5,047+1.3% | $4,231+20.9% |
| Admin fee / account holder | $191 | $93+106.2% | $8,930-97.9% | $114+67.8% |