Filed March 25, 2022
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.5 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $326,269 |
BDO USA, LLP4 years Service code 10 · EIN 13-5381590 | Accounting | $23,500 |
CHARLES SCHWAB & CO., INC.9+ years Service code 33 · EIN 94-1737782 | Float revenue; Direct payment from th... | $288 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,467 | $84,993-12.4% | $129,995-42.7% | $80,160-7.1% |
| Participation rate | 96.4% | 79.5%+16.8pp | 78.5%+17.9pp | 72.9%+23.4pp |
| Annual return | 16.19% | 23.76%-7.6pp | -137.18%+153.4pp | 40.38%-24.2pp |
| Employer contribution / active EE | $4,002 | $3,051+31.2% | $4,320-7.4% | $2,978+34.4% |
| Participant deferral / active EE | $6,193 | $4,984+24.3% | $5,820+6.4% | $5,017+23.4% |
| Admin fee / account holder | $206 | $391-47.3% | $10,614-98.1% | $145+42.0% |