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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.3+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES, IN Service code 15 · EIN 34-1479833 | Recordkeeping | $61,027 |
Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $1 |
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO INC Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO INC & AFFILIATE 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).
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 | $125,300 | $63,314+97.9% | $91,004+37.7% | $62,293+101.1% |
| Participation rate | 98.6% | 73.3%+25.3pp | 75.6%+23.0pp | 69.5%+29.1pp |
| Annual return | 17.04% | 21.00%-4.0pp | 4.60%+12.4pp | 28.90%-11.9pp |
| Employer contribution / active EE | $6,222 | $1,807+244.3% | $2,456+153.4% | $2,042+204.7% |
| Participant deferral / active EE | $8,654 | $2,944+194.0% | $3,548+143.9% | $3,169+173.1% |
| Admin fee / account holder | $319 | $468-31.8% | $5,417-94.1% | $479-33.5% |