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.10+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $655,083 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $110,753 | $128,169-13.6% | $147,117-24.7% | $106,553+3.9% |
| Participation rate | 58.1% | 67.3%-9.2pp | 82.2%-24.0pp | 69.8%-11.7pp |
| Annual return | 16.10% | 17.88%-1.8pp | 420.54%-404.4pp | 17.37%-1.3pp |
| Employer contribution / active EE | $2,583 | $3,374-23.5% | $4,932-47.6% | $3,359-23.1% |
| Participant deferral / active EE | $5,914 | $7,665-22.8% | $8,065-26.7% | $5,562+6.3% |
| Admin fee / account holder | $49 | $88-44.8% | $12,993-99.6% | $80-39.0% |