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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.1+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $591,385 |
SCHULTE ROTH & ZABEL LLP1+ years Filed as: SCHULTE ROTH AND ZABEL LLP Service code 29 · EIN 13-2633996 | Legal | $202,337 |
AMERICAN FUNDS1+ years Filed as: CAPITAL STRATEGIES INVESTMENT Service code 28 · EIN 26-4789150 | Investment Management | $70,000 |
ERNST & YOUNG LLP1+ years Filed as: ERNST & YOUNG US LLP Service code 10 · EIN 34-6565596 | Accounting | $50,000 |
CHARLES SCHWAB & CO., INC.1+ years Service code 33 · EIN 94-1737782 | Direct payment from the plan; Other i... | $813 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59 | Shareholder Servicing | $0 |
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 | $60,447 | $103,430-41.6% | $100,540-39.9% | $93,223-35.2% |
| Participation rate | 82.8% | 84.3%-1.5pp | 79.4%+3.3pp | 74.9%+7.9pp |
| Annual return | 25.82% | 24.60%+1.2pp | 30.90%-5.1pp | 19.29%+6.5pp |
| Employer contribution / active EE | $3,710 | $3,129+18.6% | $3,419+8.5% | $2,680+38.5% |
| Participant deferral / active EE | $7,023 | $6,375+10.2% | $6,272+12.0% | $4,563+53.9% |
| Admin fee / account holder | $94 | $85+10.7% | $8,082-98.8% | $79+18.2% |