Filed December 28, 2016
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.1+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $8,900 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO INC AND AFFILIA Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.1+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $76,941 | $55,657+38.2% | $63,412+21.3% | $55,191+39.4% |
| Participation rate | 73.1% | 63.4%+9.6pp | 67.1%+6.0pp | 69.2%+3.9pp |
| Annual return | 0.13% | -0.22%+0.3pp | 4.04%-3.9pp | 10.78%-10.6pp |
| Employer contribution / active EE | $208 | $1,026-79.7% | $1,814-88.5% | $1,899-89.0% |
| Participant deferral / active EE | $4,427 | $1,817+143.7% | $2,496+77.4% | $3,046+45.3% |
| Admin fee / account holder | $13 | $272-95.0% | $3,753-99.6% | $91-85.2% |