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.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.4+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $597,220 |
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $10 |
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).
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 | $75,920 | $71,505+6.2% | $123,553-38.6% | $73,367+3.5% |
| Participation rate | 55.2% | 64.9%-9.7pp | 82.3%-27.1pp | 69.5%-14.3pp |
| Annual return | -2.34% | 6.94%-9.3pp | 119.21%-121.5pp | 173.45%-175.8pp |
| Employer contribution / active EE | $2,173 | $2,011+8.1% | $4,628-53.0% | $2,499-13.0% |
| Participant deferral / active EE | $4,891 | $4,928-0.7% | $6,426-23.9% | $4,033+21.3% |
| Admin fee / account holder | $56 | $66-14.8% | $9,284-99.4% | $68-17.9% |