Filed September 21, 2015
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.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $476,457 |
CHARLES SCHWAB & CO., INC.6+ years Service code 33 · EIN 94-1737782 | Securities brokerage; Direct payment ... | $343 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO INC AND AFFILIA Service code 59 | Shareholder Servicing | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $114,274 | $97,018+17.8% | $149,696-23.7% | $106,222+7.6% |
| Participation rate | 85.1% | 67.0%+18.1pp | 82.5%+2.6pp | 70.8%+14.3pp |
| Annual return | 23.04% | 24.13%-1.1pp | 276.60%-253.6pp | 21.69%+1.3pp |
| Employer contribution / active EE | $4,785 | $2,520+89.9% | $4,644+3.0% | $2,723+75.7% |
| Participant deferral / active EE | $9,464 | $5,988+58.1% | $6,842+38.3% | $4,600+105.7% |
| Admin fee / account holder | $36 | $72-50.1% | $9,309-99.6% | $78-54.1% |