Filed December 13, 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.8 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $106,119 |
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782 | Direct payment from the plan; Securit... | $554 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $243,878 | $113,016+115.8% | $103,447+135.8% | $74,429+227.7% |
| Participation rate | 94.2% | 80.8%+13.4pp | 80.5%+13.7pp | 67.2%+27.0pp |
| Annual return | 10.44% | 23.24%-12.8pp | 23.92%-13.5pp | 1368.38%-1357.9pp |
| Employer contribution / active EE | $12,472 | $4,881+155.5% | $4,678+166.6% | $2,625+375.1% |
| Participant deferral / active EE | $13,206 | $7,279+81.4% | $6,624+99.4% | $4,348+203.7% |
| Admin fee / account holder | $667 | $1,709-60.9% | $9,415-92.9% | $1,944-65.7% |