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 | Direct payment from the plan; Float r... | $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 | $55,446+311.9% | $155,574+46.8% | $74,429+206.8% |
| Participation rate | 96.7% | 61.9%+34.8pp | 78.2%+18.5pp | 67.2%+29.5pp |
| Annual return | 13.83% | 269.20%-255.4pp | 64.87%-51.0pp | 1368.38%-1354.5pp |
| Employer contribution / active EE | $10,831 | $2,266+378.0% | $4,676+131.6% | $2,625+312.6% |
| Participant deferral / active EE | $6,625 | $2,836+133.6% | $5,629+17.7% | $4,348+52.4% |
| Admin fee / account holder | $303 | $1,743-82.6% | $15,914-98.1% | $1,944-84.4% |