Filed October 4, 2011 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $11,485 |
CHARLES SCHWAB & CO., INC.5+ years Service code 33 · EIN 94-1737782 | Direct payment from the plan; Securit... | $885 |
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $119,425 | $82,093+45.5% | $379,746-68.6% | $73,415+62.7% |
| Participation rate | 92.1% | 76.8%+15.3pp | 78.4%+13.7pp | 72.2%+19.9pp |
| Annual return | 12.41% | 18.89%-6.5pp | 34.90%-22.5pp | 59.30%-46.9pp |
| Employer contribution / active EE | $7,231 | $2,847+154.0% | $3,540+104.3% | $2,234+223.7% |
| Participant deferral / active EE | $7,182 | $4,697+52.9% | $6,024+19.2% | $3,806+88.7% |
| Admin fee / account holder | $12 | $128-90.2% | $7,927-99.8% | $158-92.1% |