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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 | $19,027 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $156,440 | $86,225+81.4% | $146,643+6.7% | $86,821+80.2% |
| Participation rate | 67.3% | 78.0%-10.6pp | 80.1%-12.7pp | 72.3%-4.9pp |
| Annual return | 13.69% | 31.23%-17.5pp | 22.75%-9.1pp | 97.94%-84.2pp |
| Employer contribution / active EE | $1,328 | $2,392-44.5% | $4,137-67.9% | $2,406-44.8% |
| Participant deferral / active EE | $4,806 | $4,245+13.2% | $5,506-12.7% | $4,132+16.3% |
| Admin fee / account holder | $45 | $195-77.0% | $10,280-99.6% | $170-73.5% |