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| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 84-1477138 | Participant communication; Participan... | $6,875 |
CHARLES SCHWAB & CO., INC.7 years Filed as: CHARLES SCHWAB BANK Service code 18 · EIN 42-1558009 | Shareholder servicing fees; Custodial... | $1,190 |
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 | $40,621 | $44,764-9.3% | $68,808-41.0% | $64,819-37.3% |
| Participation rate | 32.3% | 64.8%-32.4pp | 69.0%-36.7pp | 71.5%-39.1pp |
| Annual return | -15.27% | -10.91%-4.4pp | -6.37%-8.9pp | 32.84%-48.1pp |
| Employer contribution / active EE | $541 | $1,775-69.5% | $2,656-79.6% | $2,507-78.4% |
| Participant deferral / active EE | $1,664 | $3,238-48.6% | $3,942-57.8% | $4,311-61.4% |
| Admin fee / account holder | $29 | $151-80.9% | $4,936-99.4% | $188-84.6% |