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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.5 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $72,629 |
CHARLES SCHWAB & CO., INC.8+ years Service code 33 · EIN 94-1737782 | Float revenue; Securities brokerage; ... | $246 |
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 | $50,042 | $52,523-4.7% | $117,533-57.4% | $77,906-35.8% |
| Participation rate | 28.3% | 61.6%-33.3pp | 70.6%-42.3pp | 73.7%-45.4pp |
| Annual return | -14.55% | -13.76%-0.8pp | 29.77%-44.3pp | 12.16%-26.7pp |
| Employer contribution / active EE | $975 | $2,166-55.0% | $4,179-76.7% | $2,846-65.8% |
| Participant deferral / active EE | $1,249 | $3,087-59.5% | $4,072-69.3% | $4,805-74.0% |
| Admin fee / account holder | $129 | $99+30.2% | $5,647-97.7% | $133-2.5% |