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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $58,489 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO.,INC Service code 33 · EIN 94-1737782 | Securities brokerage; Securities brok... | $348 |
CHARLES SCHWAB & CO., INC.6+ 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $249,371 | $58,895+323.4% | $178,503+39.7% | $73,497+239.3% |
| Participation rate | 98.1% | 66.2%+31.8pp | 81.9%+16.1pp | 70.7%+27.4pp |
| Annual return | 9.38% | 24.86%-15.5pp | 151.12%-141.7pp | 28.51%-19.1pp |
| Employer contribution / active EE | $16,945 | $2,236+657.9% | $5,011+238.1% | $2,270+646.4% |
| Participant deferral / active EE | $13,688 | $2,567+433.2% | $5,202+163.1% | $3,740+266.0% |
| Admin fee / account holder | $377 | $400-5.8% | $13,987-97.3% | $513-26.5% |