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 |
|---|---|---|
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB RETIREMENT PLAN SERIVCES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $26,468 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $986,810 | $29,369+3260.1% | $77,482+1173.6% | $73,409+1244.3% |
| Participation rate | 0.0% | 37.9%-37.9pp | 54.2%-54.2pp | 72.2%-72.2pp |
| Annual return | 13.48% | 358.15%-344.7pp | 54.79%-41.3pp | 59.29%-45.8pp |
| Employer contribution / active EE | $45 | $406-89.0% | $986-95.5% | $2,234-98.0% |
| Participant deferral / active EE | $334 | $941-64.5% | $1,861-82.0% | $3,805-91.2% |
| Admin fee / account holder | $3,462 | $123+2720.9% | $2,858+21.1% | $158+2092.6% |