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| Provider | Service type | Compensation |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $67,625 |
TERRY MCDANIEL & COMPANY4 years Service code 26 · EIN 74-2362799 | Advisory (Participants) | $22,978 |
GLASS & COMPANY, CPAS4 years Service code 10 · EIN 74-2587727 | Accounting | $12,000 |
BARNETT FINANCIAL INC2 years Service code 26 · EIN 74-2904174 | Advisory (Participants) | $7,361 |
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782 | Float revenue; Shareholder servicing ... | $789 |
CHARLES SCHWAB & CO., INC.5+ 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.)
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).
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $296,496 | $89,652+230.7% | $141,197+110.0% | $65,186+354.8% |
| Participation rate | 98.5% | 74.7%+23.8pp | 82.5%+16.0pp | 70.2%+28.3pp |
| Annual return | 18.94% | 32.79%-13.9pp | 71.41%-52.5pp | 29.39%-10.4pp |
| Employer contribution / active EE | $11,107 | $3,065+262.4% | $4,736+134.5% | $2,177+410.3% |
| Participant deferral / active EE | $9,839 | $5,691+72.9% | $6,710+46.6% | $3,514+180.0% |
| Admin fee / account holder | $621 | $569+9.2% | $10,265-94.0% | $847-26.7% |