Filed April 28, 2023 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK Service code 18 | Shareholder servicing fees; Custodial... | $36,007 |
USI CONSULTING GROUP1 year Service code 15 · EIN 06-1053228 | Recordkeeping | $15,803 |
CHARLES SCHWAB & CO., INC.4+ years Service code 18 · EIN 94-1737782 | Custodial (other than securities); Sh... | $0 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK/TRUST COMPANY Service code 18 · EIN 42-1558009 | Custodial (securities); Float revenue... | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,323 | $82,546-41.5% | $140,016-65.5% | $75,289-35.8% |
| Participation rate | 97.0% | 88.4%+8.6pp | 87.5%+9.5pp | 72.4%+24.5pp |
| Annual return | -6.05% | -0.36%-5.7pp | 651.12%-657.2pp | -0.04%-6.0pp |
| Employer contribution / active EE | $1,838 | $3,856-52.3% | $5,606-67.2% | $2,405-23.6% |
| Participant deferral / active EE | $5,536 | $5,731-3.4% | $6,927-20.1% | $3,739+48.1% |
| Admin fee / account holder | $6 | $86-92.9% | $10,705-99.9% | $102-94.0% |