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 |
|---|---|---|
CHARLES SCHWAB & CO., INC.6 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $324,851 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB&CO.,INC Service code 33 · EIN 94-1737782 | Direct payment from the plan; Shareho... | $980 |
Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $34,531 | $129,756-73.4% | $170,055-79.7% | $103,657-66.7% |
| Participation rate | 58.0% | 91.3%-33.3pp | 87.0%-29.0pp | 73.4%-15.4pp |
| Annual return | 21.24% | 20.17%+1.1pp | 53.43%-32.2pp | 33.13%-11.9pp |
| Employer contribution / active EE | $1,591 | $5,236-69.6% | $6,790-76.6% | $3,216-50.5% |
| Participant deferral / active EE | $3,369 | $8,283-59.3% | $10,410-67.6% | $5,218-35.4% |
| Admin fee / account holder | $42 | $73-42.1% | $12,828-99.7% | $114-63.0% |