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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.2+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $52,677 |
VERUS2+ years Filed as: VERUS ADVISORY, INC. Service code 28 · EIN 91-1320111 | Investment Management | $49,167 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.2+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $29,523 | $35,463-16.7% | $69,182-57.3% | $329,111-91.0% |
| Participation rate | 16.8% | 34.6%-17.8pp | 55.1%-38.4pp | 67.9%-51.1pp |
| Annual return | 8.12% | 7.72%+0.4pp | -21.93%+30.1pp | 16.35%-8.2pp |
| Employer contribution / active EE | $241 | $449-46.5% | $1,206-80.1% | $2,303-89.6% |
| Participant deferral / active EE | $437 | $1,018-57.0% | $1,897-77.0% | $3,682-88.1% |
| Admin fee / account holder | $32 | $64-50.7% | $2,697-98.8% | $754-95.8% |