Filed April 4, 2016
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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.7+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 26 · EIN 34-1479833 | Advisory (Participants) | $84,266 |
CREATIVE PLANNING LLC2 years Service code 26 · EIN 43-1270780 | Advisory (Participants) | $21,736 |
CHARLES SCHWAB & CO., INC.7+ years Filed as: CHARLES SCHWAB & CO INC Service code 33 · EIN 94-1737782 | Securities brokerage; Direct payment ... | $282 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $262,496 | $61,172+329.1% | $185,851+41.2% | $79,389+230.6% |
| Participation rate | 100.0% | 66.6%+33.4pp | 81.7%+18.3pp | 70.7%+29.3pp |
| Annual return | 16.44% | 19.45%-3.0pp | 122.11%-105.7pp | 116.89%-100.5pp |
| Employer contribution / active EE | $10,409 | $2,321+348.5% | $5,168+101.4% | $2,428+328.7% |
| Participant deferral / active EE | $6,601 | $2,788+136.8% | $5,569+18.5% | $4,046+63.2% |
| Admin fee / account holder | $405 | $710-43.0% | $16,245-97.5% | $626-35.4% |