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.6+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $636,757 |
CHARLES SCHWAB & CO., INC.6+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.6+ 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 | $103,729 | $97,541+6.3% | $149,751-30.7% | $106,273-2.4% |
| Participation rate | 57.5% | 66.8%-9.3pp | 82.5%-25.0pp | 70.8%-13.3pp |
| Annual return | 19.94% | 24.23%-4.3pp | 276.71%-256.8pp | 21.70%-1.8pp |
| Employer contribution / active EE | $2,405 | $2,504-4.0% | $4,646-48.2% | $2,722-11.7% |
| Participant deferral / active EE | $5,422 | $6,023-10.0% | $6,843-20.8% | $4,601+17.8% |
| Admin fee / account holder | $57 | $72-20.4% | $9,312-99.4% | $78-27.2% |