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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.6 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $59,925 |
CHARLES SCHWAB & CO., INC.9+ years Service code 33 · EIN 94-1737782 | Securities brokerage; Direct payment ... | $129 |
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 | $63,978 | $57,570+11.1% | $121,204-47.2% | $80,157-20.2% |
| Participation rate | 25.1% | 58.8%-33.7pp | 69.5%-44.4pp | 72.9%-47.8pp |
| Annual return | 18.56% | 20.42%-1.9pp | 987.18%-968.6pp | 40.39%-21.8pp |
| Employer contribution / active EE | $997 | $2,119-53.0% | $4,170-76.1% | $2,977-66.5% |
| Participant deferral / active EE | $1,327 | $3,092-57.1% | $4,083-67.5% | $5,015-73.5% |
| Admin fee / account holder | $108 | $121-10.6% | $5,651-98.1% | $145-25.2% |