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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $70,999 |
CHARLES SCHWAB & CO., INC.6+ years Service code 33 · EIN 94-1737782 | Securities brokerage; Float revenue; ... | $420 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,630 | $53,932+1.3% | $134,162-59.3% | $90,274-39.5% |
| Participation rate | 33.6% | 60.4%-26.8pp | 72.2%-38.6pp | 73.4%-39.8pp |
| Annual return | 12.88% | 23.16%-10.3pp | 36.35%-23.5pp | 53.97%-41.1pp |
| Employer contribution / active EE | $1,118 | $1,611-30.6% | $3,705-69.8% | $2,523-55.7% |
| Participant deferral / active EE | $1,396 | $2,432-42.6% | $3,500-60.1% | $4,231-67.0% |
| Admin fee / account holder | $106 | $104+2.7% | $6,685-98.4% | $114-6.8% |