Filed July 22, 2022
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.2 years Filed as: SCHWAB RETIREMENT PLAN SERVICES, IN Service code 15 · EIN 34-1479833 | Recordkeeping | $81,946 |
GREENLEAF & BURLESON2 years Filed as: GREENLEAF AND BURLESON WEALTH Service code 28 · EIN 20-1160877 | Investment Management | $67,030 |
MARCUM LLP3+ years Service code 10 · EIN 11-1986323 | Accounting | $15,550 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO., INC Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $2,498 |
Filed as: CHARLES SCHWAB & CO., INC. AND AFFI Service code 59 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $90,862 | $44,059+106.2% | $71,671+26.8% | $69,631+30.5% |
| Participation rate | 82.3% | 60.8%+21.6pp | 68.7%+13.6pp | 70.7%+11.6pp |
| Annual return | 22.62% | 21.97%+0.7pp | 20.65%+2.0pp | 27571.02%-27548.4pp |
| Employer contribution / active EE | $6,207 | $1,305+375.7% | $2,460+152.3% | $2,032+205.5% |
| Participant deferral / active EE | $9,272 | $2,370+291.3% | $3,438+169.7% | $3,224+187.6% |
| Admin fee / account holder | $410 | $108+280.5% | $5,558-92.6% | $110+271.0% |