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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.7 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $71,385 |
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782 | Securities brokerage; Direct payment ... | $159 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $77,441 | $62,541+23.8% | $129,406-40.2% | $200,096-61.3% |
| Participation rate | 28.2% | 56.8%-28.6pp | 69.6%-41.4pp | 72.0%-43.8pp |
| Annual return | 13.51% | 16.95%-3.4pp | 9468.18%-9454.7pp | 34.26%-20.7pp |
| Employer contribution / active EE | $2,052 | $2,392-14.2% | $4,155-50.6% | $3,038-32.5% |
| Participant deferral / active EE | $2,027 | $3,123-35.1% | $4,167-51.4% | $5,090-60.2% |
| Admin fee / account holder | $139 | $167-17.0% | $7,689-98.2% | $269-48.5% |