Filed February 5, 2018
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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.2+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $157,609 |
CHARLES SCHWAB & CO., INC.2+ years Service code 33 · EIN 94-1737782 | Float revenue; Securities brokerage; ... | $2,424 |
Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $2 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO INC AND AFFILIA Service code 59 | Shareholder Servicing | $0 |
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 | $78,791 | $80,177-1.7% | $123,894-36.4% | $57,658+36.7% |
| Participation rate | 97.9% | 74.4%+23.5pp | 81.4%+16.5pp | 70.2%+27.7pp |
| Annual return | 10.37% | 17.90%-7.5pp | 47.52%-37.1pp | 5.13%+5.2pp |
| Employer contribution / active EE | $3,928 | $2,913+34.8% | $4,617-14.9% | $1,974+99.0% |
| Participant deferral / active EE | $12,079 | $5,130+135.5% | $5,984+101.9% | $3,061+294.7% |
| Admin fee / account holder | $160 | $106+50.4% | $8,357-98.1% | $95+69.1% |