Filed December 3, 2018 (most recent of 2 filings on file)
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.2+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $8,358 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return 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 | $64,397 | $71,802-10.3% | $133,975-51.9% | $57,658+11.7% |
| Participation rate | 46.0% | 85.5%-39.5pp | 87.1%-41.1pp | 70.2%-24.3pp |
| Annual return | 4.91% | 13.51%-8.6pp | 29.29%-24.4pp | 5.13%-0.2pp |
| Employer contribution / active EE | $1,048 | $3,161-66.9% | $5,211-79.9% | $1,974-46.9% |
| Participant deferral / active EE | $1,531 | $4,606-66.8% | $6,282-75.6% | $3,061-50.0% |
| Admin fee / account holder | $25 | $88-71.3% | $9,324-99.7% | $95-73.4% |