Filed March 3, 2011 (most recent of 2 filings on file)
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.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $71,199 |
Service code 33 · EIN 94-1737782 | Shareholder servicing fees; Securitie... | $4,726 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $13 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $27,015 | $80,005-66.2% | $140,019-80.7% | $55,727-51.5% |
| Participation rate | 24.2% | 87.0%-62.8pp | 87.5%-63.3pp | 70.9%-46.7pp |
| Annual return | -55.91% | 0.46%-56.4pp | 651.19%-707.1pp | 244.94%-300.9pp |
| Employer contribution / active EE | $1,259 | $3,403-63.0% | $5,605-77.5% | $2,078-39.4% |
| Participant deferral / active EE | $3,377 | $5,264-35.8% | $6,927-51.2% | $3,356+0.6% |
| Admin fee / account holder | $121 | $116+4.4% | $10,705-98.9% | $115+4.8% |