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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.2+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES, IN Service code 15 · EIN 34-1479833 | Recordkeeping | $56,218 |
CHARLES SCHWAB & CO., INC.2+ years Service code 33 · EIN 94-1737782 | Shareholder servicing fees; Float rev... | $2,931 |
CHARLES SCHWAB & CO., INC.2+ years 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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $289,344 | $46,732+519.2% | $156,551+84.8% | $55,167+424.5% |
| Participation rate | 95.1% | 65.8%+29.3pp | 84.0%+11.1pp | 69.0%+26.1pp |
| Annual return | 9.30% | 17.72%-8.4pp | 32.23%-22.9pp | 169.23%-159.9pp |
| Employer contribution / active EE | $14,996 | $2,105+612.4% | $5,501+172.6% | $1,963+664.1% |
| Participant deferral / active EE | $11,325 | $2,204+413.8% | $4,871+132.5% | $3,054+270.8% |
| Admin fee / account holder | $412 | $418-1.5% | $13,028-96.8% | $504-18.3% |