Filed January 4, 2021 (most recent of 11 filings on file)
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 |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $17,328 |
Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.3 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,374 | $129,021-50.9% | $184,203-65.6% | $77,643-18.4% |
| Participation rate | 96.7% | 87.3%+9.4pp | 86.8%+9.9pp | 70.6%+26.1pp |
| Annual return | 13.09% | 33.27%-20.2pp | 28.81%-15.7pp | 31.24%-18.1pp |
| Employer contribution / active EE | $4,018 | $4,413-8.9% | $6,427-37.5% | $2,726+47.4% |
| Participant deferral / active EE | $5,658 | $7,297-22.5% | $9,131-38.0% | $4,647+21.8% |
| Admin fee / account holder | $24 | $254-90.4% | $13,901-99.8% | $430-94.3% |