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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $55,351 |
Filed as: ENVESTNET ASSET MANAGEMENT INC Service code 26 · EIN 36-4319587 | Advisory (Participants) | $34,945 |
CHARLES SCHWAB & CO., INC.5+ years Service code 33 · EIN 94-1737782 | Direct payment from the plan; Securit... | $5,002 |
Filed as: CHARLES SCHWAB & CO INC AND AFFILIA Service code 59 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $183,888 | $85,171+115.9% | $172,753+6.4% | $72,976+152.0% |
| Participation rate | 98.7% | 70.1%+28.7pp | 82.6%+16.1pp | 69.5%+29.2pp |
| Annual return | 21.45% | 27.32%-5.9pp | 803.00%-781.5pp | 81.02%-59.6pp |
| Employer contribution / active EE | $7,905 | $3,324+137.8% | $5,144+53.7% | $2,440+224.0% |
| Participant deferral / active EE | $7,594 | $3,260+132.9% | $5,198+46.1% | $3,608+110.5% |
| Admin fee / account holder | $806 | $5,880-86.3% | $13,956-94.2% | $5,124-84.3% |