Filed March 14, 2022
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.2+ years Filed as: CHARLES SCHWAB & CO INC Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $1,702 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO INC & AFFILIATE Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $478,360 | $74,089+545.7% | $133,980+257.0% | $55,167+767.1% |
| Participation rate | 92.0% | 84.3%+7.7pp | 87.1%+5.0pp | 69.0%+23.0pp |
| Annual return | 8.33% | 12.11%-3.8pp | 29.30%-21.0pp | 169.23%-160.9pp |
| Employer contribution / active EE | $21,726 | $3,064+609.2% | $5,211+316.9% | $1,963+1007.0% |
| Participant deferral / active EE | $11,535 | $4,678+146.6% | $6,282+83.6% | $3,054+277.7% |
| Admin fee / account holder | $1,900 | $458+314.7% | $9,324-79.6% | $504+277.1% |