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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $33,875 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,876 | $59,006+54.0% | $97,260-6.6% | $74,459+22.0% |
| Participation rate | 57.3% | 63.7%-6.4pp | 72.7%-15.4pp | 67.2%-9.9pp |
| Annual return | 14.42% | 16.04%-1.6pp | 75.54%-61.1pp | 1369.70%-1355.3pp |
| Employer contribution / active EE | $1,257 | $1,894-33.6% | $2,721-53.8% | $2,626-52.1% |
| Participant deferral / active EE | $3,922 | $3,671+6.8% | $4,262-8.0% | $4,350-9.8% |
| Admin fee / account holder | $129 | $1,974-93.5% | $5,640-97.7% | $1,945-93.4% |