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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.10+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $121,393 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $174,313 | $2,687,218-93.5% | $164,975+5.7% | $199,921-12.8% |
| Participation rate | 65.1% | 78.3%-13.2pp | 78.6%-13.5pp | 72.0%-6.9pp |
| Annual return | 13.26% | 17.94%-4.7pp | 70.12%-56.9pp | 34.28%-21.0pp |
| Employer contribution / active EE | $3,731 | $2,958+26.1% | $4,343-14.1% | $3,035+22.9% |
| Participant deferral / active EE | $5,775 | $5,002+15.5% | $6,033-4.3% | $5,089+13.5% |
| Admin fee / account holder | $97 | $1,988-95.1% | $12,688-99.2% | $269-63.9% |