Filed December 23, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.1+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $38,905 |
COMMONWEALTH FINANCIAL NETWORK1+ years Filed as: COMMONWEALTH EQUITY SERVICES Service code 28 · EIN 04-2675571 | Investment Management | $37,843 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,917 | $50,820+31.7% | $155,567-57.0% | $77,671-13.8% |
| Participation rate | 79.2% | 63.1%+16.0pp | 78.2%+1.0pp | 70.6%+8.6pp |
| Annual return | 158.94% | 34.85%+124.1pp | 64.74%+94.2pp | 31.21%+127.7pp |
| Employer contribution / active EE | $6,263 | $1,993+214.3% | $4,674+34.0% | $2,726+129.7% |
| Participant deferral / active EE | $4,352 | $2,823+54.2% | $5,628-22.7% | $4,648-6.4% |
| Admin fee / account holder | $126 | $436-71.1% | $15,916-99.2% | $430-70.7% |