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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $79,837 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO.,INC Service code 33 · EIN 94-1737782 | Float revenue; Securities brokerage c... | $1,130 |
CHARLES SCHWAB & CO., INC.5+ 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.)
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 | $255,763 | $52,953+383.0% | $172,739+48.1% | $65,185+292.4% |
| Participation rate | 91.8% | 66.2%+25.6pp | 82.6%+9.2pp | 70.2%+21.6pp |
| Annual return | 20.76% | 30.12%-9.4pp | 802.84%-782.1pp | 29.38%-8.6pp |
| Employer contribution / active EE | $16,518 | $2,190+654.4% | $5,143+221.2% | $2,177+658.9% |
| Participant deferral / active EE | $13,881 | $2,471+461.8% | $5,198+167.1% | $3,514+295.1% |
| Admin fee / account holder | $493 | $472+4.4% | $13,954-96.5% | $847-41.8% |