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.10+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $297,365 |
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782 | Direct payment from the plan; Securit... | $159 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,739 | $122,186-30.6% | $146,958-42.3% | $199,593-57.5% |
| Participation rate | 96.4% | 78.3%+18.1pp | 82.2%+14.3pp | 72.0%+24.5pp |
| Annual return | 11.73% | 30.56%-18.8pp | 418.34%-406.6pp | 34.25%-22.5pp |
| Employer contribution / active EE | $988 | $4,093-75.9% | $4,933-80.0% | $3,034-67.5% |
| Participant deferral / active EE | $5,846 | $8,502-31.2% | $8,070-27.6% | $5,087+14.9% |
| Admin fee / account holder | $216 | $179+21.1% | $12,998-98.3% | $269-19.5% |