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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.7 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $577,350 |
FINANCIAL MANAGEMENT NETWORK10+ years Service code 26 · EIN 33-0490707 | Advisory (Participants) | $8,050 |
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782 | Float revenue; Securities brokerage; ... | $428 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $118,685 | $110,258+7.6% | $102,460+15.8% | $200,096-40.7% |
| Participation rate | 95.9% | 86.3%+9.6pp | 76.5%+19.4pp | 72.0%+23.8pp |
| Annual return | 11.60% | 35.78%-24.2pp | 29.47%-17.9pp | 34.26%-22.7pp |
| Employer contribution / active EE | $5,443 | $3,605+51.0% | $3,025+79.9% | $3,038+79.2% |
| Participant deferral / active EE | $8,698 | $6,377+36.4% | $5,056+72.0% | $5,090+70.9% |
| Admin fee / account holder | $224 | $122+82.9% | $9,460-97.6% | $269-17.0% |