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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.2+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $556,389 |
SCHULTE ROTH & ZABEL LLP2+ years Filed as: SCHULTE ROTH AND ZABEL LLP Service code 29 · EIN 13-2633996 | Legal | $100,452 |
AMERICAN FUNDS2+ years Filed as: CAPITAL STRATEGIES INVESTMENT Service code 28 · EIN 26-4789150 | Investment Management | $60,000 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO BANK Service code 10 · EIN 94-1347393 | Accounting | $50,000 |
Service code 26 · EIN 26-0058143 | Advisory (Participants) | $5,940 |
CHARLES SCHWAB & CO., INC.2+ years Service code 33 · EIN 94-1737782 | Shareholder servicing fees; Float rev... | $741 |
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.
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 | $57,930 | $112,156-48.3% | $108,421-46.6% | $101,555-43.0% |
| Participation rate | 70.8% | 83.2%-12.4pp | 80.1%-9.3pp | 74.5%-3.7pp |
| Annual return | -3.45% | 15.85%-19.3pp | 905.61%-909.1pp | 21.00%-24.5pp |
| Employer contribution / active EE | $3,000 | $3,067-2.2% | $3,560-15.7% | $2,972+0.9% |
| Participant deferral / active EE | $5,853 | $6,696-12.6% | $6,564-10.8% | $4,874+20.1% |
| Admin fee / account holder | $76 | $75+1.6% | $7,298-99.0% | $139-45.7% |