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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB TRUST BANK Service code 18 · EIN 82-3967259 | Custodial (other than securities); Cu... | $30,125 |
DAVID ROMANO2 years Filed as: DAVID VAUGHN INVESTMENTS, LLC Service code 27 · EIN 37-1272863 | Advisory (Plan) | $23,616 |
Service code 15 · EIN 36-4389114 | Recordkeeping | $18,156 |
CHARLES SCHWAB & CO., INC.2 years Service code 15 · EIN 94-1737782 | Recordkeeping | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,034 | $65,125+49.0% | $143,797-32.5% | $66,949+44.9% |
| Participation rate | 100.0% | 65.2%+34.8pp | 80.3%+19.7pp | 69.8%+30.2pp |
| Annual return | -12.32% | -11.13%-1.2pp | -0.04%-12.3pp | 1.57%-13.9pp |
| Employer contribution / active EE | $4,415 | $2,362+86.9% | $4,952-10.9% | $2,545+73.4% |
| Participant deferral / active EE | $4,028 | $2,920+37.9% | $5,638-28.6% | $4,239-5.0% |
| Admin fee / account holder | $476 | $503-5.3% | $14,679-96.8% | $594-19.8% |