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 | $335,309 |
BDO USA, LLP3 years Service code 10 · EIN 13-5381590 | Accounting | $20,000 |
CHARLES SCHWAB & CO., INC.8+ years Service code 33 · EIN 94-1737782 | Float revenue; Direct payment from th... | $848 |
CHARLES SCHWAB & CO., INC.3 years 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 | $70,427 | $84,000-16.2% | $119,634-41.1% | $77,906-9.6% |
| Participation rate | 96.7% | 77.8%+18.9pp | 79.3%+17.4pp | 73.7%+23.0pp |
| Annual return | -13.93% | -11.59%-2.3pp | -14.98%+1.1pp | 12.16%-26.1pp |
| Employer contribution / active EE | $3,943 | $2,907+35.6% | $4,232-6.8% | $2,846+38.5% |
| Participant deferral / active EE | $6,184 | $4,705+31.4% | $5,601+10.4% | $4,805+28.7% |
| Admin fee / account holder | $215 | $116+86.0% | $10,329-97.9% | $133+62.4% |