Filed April 4, 2016
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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.6+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 26 · EIN 34-1479833 | Advisory (Participants) | $77,491 |
CREATIVE PLANNING LLC1 year Service code 26 · EIN 43-1270780 | Advisory (Participants) | $15,429 |
CHARLES SCHWAB & CO., INC.6+ years Filed as: CHARLES SCHWAB & CO INC Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $638 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $242,798 | $58,895+312.3% | $178,503+36.0% | $73,497+230.4% |
| Participation rate | 98.9% | 66.2%+32.7pp | 81.9%+17.0pp | 70.7%+28.2pp |
| Annual return | 14.02% | 24.86%-10.8pp | 151.12%-137.1pp | 28.51%-14.5pp |
| Employer contribution / active EE | $10,601 | $2,236+374.1% | $5,011+111.6% | $2,270+367.0% |
| Participant deferral / active EE | $6,332 | $2,567+146.7% | $5,202+21.7% | $3,740+69.3% |
| Admin fee / account holder | $380 | $400-5.0% | $13,987-97.3% | $513-25.9% |