Filed February 11, 2022
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.8+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $263,056 |
CHARLES SCHWAB & CO., INC.8+ years Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $120 |
Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,703 | $95,388-24.8% | $125,339-42.8% | $77,904-8.0% |
| Participation rate | 95.6% | 78.6%+17.0pp | 82.4%+13.2pp | 73.7%+21.9pp |
| Annual return | -15.10% | 116.19%-131.3pp | 572.05%-587.2pp | 12.21%-27.3pp |
| Employer contribution / active EE | $984 | $3,666-73.2% | $4,814-79.6% | $2,848-65.4% |
| Participant deferral / active EE | $5,569 | $7,711-27.8% | $7,446-25.2% | $4,806+15.9% |
| Admin fee / account holder | $210 | $119+76.8% | $10,010-97.9% | $133+58.5% |