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| Provider | Service type | Compensation |
|---|---|---|
PARALLEL ADVISORS LLC4+ years Service code 26 · EIN 20-4420591 | Advisory (Participants) | $51,734 |
Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $44,860 |
CHARLES SCHWAB & CO., INC.4+ years Service code 33 · EIN 94-1737782 | Other investment fees and expenses; D... | $2,978 |
Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
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).
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 | $246,418 | $47,977+413.6% | $154,108+59.9% | $56,289+337.8% |
| Participation rate | 97.0% | 66.2%+30.8pp | 83.0%+14.0pp | 69.9%+27.1pp |
| Annual return | -4.85% | 3.54%-8.4pp | 735.21%-740.1pp | -9.96%+5.1pp |
| Employer contribution / active EE | $8,000 | $2,169+268.9% | $5,298+51.0% | $2,111+278.9% |
| Participant deferral / active EE | $6,435 | $2,392+169.1% | $5,081+26.7% | $3,350+92.1% |
| Admin fee / account holder | $833 | $438+90.1% | $13,411-93.8% | $521+59.9% |