Filed October 18, 2004
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.6+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $172,697 |
Filed as: CHARLES SCHWAB & CO.,INC. Service code 33 · EIN 94-1737782 | Float revenue; Securities brokerage; ... | $194 |
Filed as: CHARLES SCHWAB & CO INC AND AFFIL Service code 59 | Shareholder Servicing | $0 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,360 | $143,525-70.5% | $379,746-88.8% | $90,288-53.1% |
| Participation rate | 90.7% | 82.9%+7.8pp | 78.4%+12.3pp | 73.4%+17.3pp |
| Annual return | 17.33% | 18.97%-1.6pp | 34.90%-17.6pp | 53.97%-36.6pp |
| Employer contribution / active EE | $1,374 | $3,201-57.1% | $3,540-61.2% | $2,524-45.6% |
| Participant deferral / active EE | $3,735 | $5,231-28.6% | $6,024-38.0% | $4,232-11.7% |
| Admin fee / account holder | $83 | $100-17.6% | $7,927-99.0% | $114-27.4% |