Filed November 9, 2005
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.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.6 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $651,010 |
CHARLES SCHWAB & CO., INC.11+ years Service code 33 · EIN 94-1737782 | Float revenue; Shareholder servicing ... | $1,580 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,825 | $140,769-47.6% | $95,585-22.8% | $140,769-47.6% |
| Participation rate | 41.5% | 74.2%-32.7pp | 72.1%-30.6pp | 74.2%-32.7pp |
| Annual return | 11.44% | 16.82%-5.4pp | 38.56%-27.1pp | 16.82%-5.4pp |
| Employer contribution / active EE | $614 | $3,906-84.3% | $2,527-75.7% | $3,906-84.3% |
| Participant deferral / active EE | $2,067 | $6,717-69.2% | $4,023-48.6% | $6,717-69.2% |
| Admin fee / account holder | $55 | $229-75.9% | $6,127-99.1% | $229-75.9% |