Filed October 15, 2024 (most recent of 4 filings on file)
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.3 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $29,808 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $28,351 |
CHARLES SCHWAB & CO., INC.10+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,095 | $122,693-61.6% | $184,203-74.4% | $199,593-76.4% |
| Participation rate | 94.1% | 86.8%+7.3pp | 86.8%+7.3pp | 72.0%+22.1pp |
| Annual return | 16.15% | 143.91%-127.8pp | 28.81%-12.7pp | 34.25%-18.1pp |
| Employer contribution / active EE | $2,782 | $4,584-39.3% | $6,427-56.7% | $3,034-8.3% |
| Participant deferral / active EE | $3,808 | $7,990-52.3% | $9,131-58.3% | $5,087-25.1% |
| Admin fee / account holder | $18 | $121-85.3% | $13,901-99.9% | $269-93.4% |