Filed March 25, 2022
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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.6 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $212,332 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INC Service code 28 · EIN 36-3297908 | Investment Management | $55,350 |
BDO USA, LLP1 year Filed as: BDO USA LLP Service code 10 · EIN 13-5381590 | Accounting | $23,500 |
Filed as: PRIME CAPITAL INV ADV LLC Service code 28 · EIN 82-1364595 | Investment Management | $18,201 |
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782 | Securities brokerage; Securities brok... | $785 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $83,601 | $2,687,218-96.9% | $165,071-49.4% | $199,960-58.2% |
| Participation rate | 96.3% | 78.3%+18.1pp | 78.6%+17.7pp | 72.0%+24.3pp |
| Annual return | 14.04% | 17.94%-3.9pp | 70.17%-56.1pp | 34.28%-20.2pp |
| Employer contribution / active EE | $4,239 | $2,958+43.3% | $4,347-2.5% | $3,036+39.6% |
| Participant deferral / active EE | $6,596 | $5,002+31.9% | $6,035+9.3% | $5,087+29.7% |
| Admin fee / account holder | $183 | $1,988-90.8% | $12,695-98.6% | $269-31.9% |