Filed September 8, 2025
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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.4+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $280,405 |
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 | $139,876 | $112,582+24.2% | $105,608+32.4% | $199,921-30.0% |
| Participation rate | 91.5% | 86.3%+5.3pp | 75.3%+16.2pp | 72.0%+19.5pp |
| Annual return | 12.22% | 15.58%-3.4pp | 116.50%-104.3pp | 34.28%-22.1pp |
| Employer contribution / active EE | $7,121 | $4,580+55.5% | $3,167+124.8% | $3,035+134.6% |
| Participant deferral / active EE | $6,717 | $6,655+0.9% | $5,010+34.1% | $5,089+32.0% |
| Admin fee / account holder | $84 | $107-21.5% | $11,028-99.2% | $269-68.8% |