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| Provider | Service type | Compensation |
|---|---|---|
CHERNOFF DIAMOND & CO., LLC1+ years Service code 15 · EIN 11-2836994 | Recordkeeping | $16,415 |
CHARLES SCHWAB & CO., INC.1+ years Service code 19 · EIN 94-1737782 | Securities Custodian | $0 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 | Securities Custodian | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $53,057 | $48,313+9.8% | $73,309-27.6% | $52,331+1.4% |
| Participation rate | 58.8% | 68.6%-9.8pp | 74.9%-16.1pp | 68.1%-9.3pp |
| Annual return | 0.44% | 3.85%-3.4pp | 5.67%-5.2pp | 4.54%-4.1pp |
| Employer contribution / active EE | $262 | $1,661-84.3% | $3,237-91.9% | $1,882-86.1% |
| Participant deferral / active EE | $4,098 | $4,189-2.2% | $4,991-17.9% | $3,022+35.6% |
| Admin fee / account holder | $18 | $404-95.6% | $5,635-99.7% | $592-97.0% |