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| Provider | Service type | Compensation |
|---|---|---|
MELTON & MELTON LLP2+ years Service code 10 · EIN 74-1550819 | Accounting | $11,075 |
CHARLES SCHWAB & CO., INC.2+ years Service code 33 · EIN 94-1737782 | Direct payment from the plan; Shareho... | $10,881 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $2 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $63,261 | $80,177-21.1% | $123,894-48.9% | $57,658+9.7% |
| Participation rate | 54.8% | 74.4%-19.6pp | 81.4%-26.6pp | 70.2%-15.4pp |
| Annual return | 7.99% | 17.90%-9.9pp | 47.52%-39.5pp | 5.13%+2.9pp |
| Employer contribution / active EE | $887 | $2,913-69.5% | $4,617-80.8% | $1,974-55.1% |
| Participant deferral / active EE | $5,172 | $5,130+0.8% | $5,984-13.6% | $3,061+69.0% |
| Admin fee / account holder | $34 | $106-67.7% | $8,357-99.6% | $95-63.7% |