Filed August 5, 2013
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 |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERIVCES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $29,332 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $45,259 | $25,302+78.9% | $74,701-39.4% | $67,579-33.0% |
| Participation rate | 13.5% | 37.8%-24.4pp | 54.5%-41.0pp | 71.3%-57.8pp |
| Annual return | 21.86% | 10291.17%-10269.3pp | 752.92%-731.1pp | 378.56%-356.7pp |
| Employer contribution / active EE | $49 | $446-89.0% | $1,084-95.5% | $2,148-97.7% |
| Participant deferral / active EE | $335 | $954-64.9% | $1,964-82.9% | $3,539-90.5% |
| Admin fee / account holder | $164 | $108+52.2% | $3,333-95.1% | $142+15.2% |