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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 | $78,755 |
Filed as: CHARLES SCHWAB & CO.,INC Service code 33 · EIN 94-1737782 | Shareholder servicing fees; Securitie... | $2,207 |
CHARLES SCHWAB & CO., INC.4+ 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.)
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 | $231,736 | $47,977+383.0% | $154,108+50.4% | $56,289+311.7% |
| Participation rate | 94.5% | 66.2%+28.4pp | 83.0%+11.5pp | 69.9%+24.7pp |
| Annual return | -4.74% | 3.54%-8.3pp | 735.21%-739.9pp | -9.96%+5.2pp |
| Employer contribution / active EE | $15,143 | $2,169+598.2% | $5,298+185.8% | $2,111+617.3% |
| Participant deferral / active EE | $11,535 | $2,392+382.3% | $5,081+127.0% | $3,350+244.3% |
| Admin fee / account holder | $529 | $438+20.6% | $13,411-96.1% | $521+1.5% |