Filed December 4, 1996
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.
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.11+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $759,007 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $125,650 | $140,769-10.7% | $150,045-16.3% | $140,769-10.7% |
| Participation rate | 59.7% | 74.2%-14.5pp | 82.3%-22.7pp | 74.2%-14.5pp |
| Annual return | 16.63% | 16.82%-0.2pp | 62.55%-45.9pp | 16.82%-0.2pp |
| Employer contribution / active EE | $2,811 | $3,906-28.0% | $4,693-40.1% | $3,906-28.0% |
| Participant deferral / active EE | $6,398 | $6,717-4.7% | $7,997-20.0% | $6,717-4.7% |
| Admin fee / account holder | $57 | $229-75.2% | $13,435-99.6% | $229-75.2% |