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| Provider | Service type | Compensation |
|---|---|---|
CHERNOFF DIAMOND & CO., LLC4+ years Service code 11 · EIN 11-2836994 | Actuarial | $14,040 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $6,390 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $45,560 | $62,543-27.2% | $83,322-45.3% | $55,725-18.2% |
| Participation rate | 57.6% | 78.4%-20.7pp | 77.8%-20.1pp | 70.9%-13.2pp |
| Annual return | -5.40% | 14.85%-20.2pp | 10.64%-16.0pp | 244.93%-250.3pp |
| Employer contribution / active EE | $366 | $2,427-84.9% | $3,379-89.2% | $2,078-82.4% |
| Participant deferral / active EE | $3,756 | $5,682-33.9% | $5,565-32.5% | $3,356+11.9% |
| Admin fee / account holder | $11 | $103-89.4% | $7,540-99.9% | $115-90.5% |