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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $268,720 |
CHARLES SCHWAB & CO., INC.6 years Service code 33 · EIN 94-1737782 | Securities brokerage; Securities brok... | $1,205 |
Filed as: CHARLES SCHWAB & CO., INC.AND AFFIL Service code 59 | Shareholder Servicing | $0 |
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 | $94,058 | $110,258-14.7% | $102,460-8.2% | $200,096-53.0% |
| Participation rate | 92.4% | 86.3%+6.1pp | 76.5%+15.9pp | 72.0%+20.4pp |
| Annual return | 13.63% | 35.78%-22.2pp | 29.47%-15.8pp | 34.26%-20.6pp |
| Employer contribution / active EE | $3,723 | $3,605+3.3% | $3,025+23.1% | $3,038+22.6% |
| Participant deferral / active EE | $7,138 | $6,377+11.9% | $5,056+41.2% | $5,090+40.2% |
| Admin fee / account holder | $65 | $122-47.0% | $9,460-99.3% | $269-75.9% |