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.5+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $681,730 |
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.5+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | ARCTIC SLOPE REGIONAL CORPORATION A | EMPLOYER IMPROPER USE OF PLAN ASSETS TO PAY EXPENSES | — | — |
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 | $89,662 | $81,961+9.4% | $141,200-36.5% | $89,609+0.1% |
| Participation rate | 50.9% | 64.9%-13.9pp | 82.5%-31.6pp | 69.6%-18.7pp |
| Annual return | 25.06% | 36.14%-11.1pp | 71.41%-46.3pp | 33.65%-8.6pp |
| Employer contribution / active EE | $2,030 | $2,268-10.5% | $4,736-57.1% | $2,584-21.5% |
| Participant deferral / active EE | $4,566 | $5,316-14.1% | $6,710-32.0% | $4,222+8.1% |
| Admin fee / account holder | $61 | $68-10.4% | $10,265-99.4% | $72-14.9% |