Filed April 4, 2016
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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.10+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $75,911 |
CREATIVE PLANNING LLC5 years Service code 26 · EIN 43-1270780 | Advisory (Participants) | $18,715 |
CHARLES SCHWAB & CO., INC.3 years Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $336 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $228,365 | $55,472+311.7% | $155,567+46.8% | $74,546+206.3% |
| Participation rate | 96.7% | 61.9%+34.8pp | 78.2%+18.5pp | 67.2%+29.5pp |
| Annual return | 13.83% | 268.72%-254.9pp | 64.74%-50.9pp | 1366.03%-1352.2pp |
| Employer contribution / active EE | $10,831 | $2,269+377.4% | $4,674+131.7% | $2,624+312.7% |
| Participant deferral / active EE | $6,625 | $2,838+133.5% | $5,628+17.7% | $4,347+52.4% |
| Admin fee / account holder | $303 | $1,743-82.6% | $15,916-98.1% | $1,944-84.4% |