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The Charles Schwab Corporation
SchwabPlan Retirement Savings and Investment Plan

The Charles Schwab Corporation

86 Plan: SchwabPlan Retirement Savings and Investment Plan

For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (86) and the top rated plan (91) could equate to:
[How is this calculated?]
5 additional years of work
Up to $38,700 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.


Retirement Plan Description

SchwabPlan Retirement Savings and Investment Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. SchwabPlan Retirement Savings and Investment Plan currently has over 16,200 active participants and over $2.6B in plan assets.

 Investment Menu Statistics

No. of Investment Options
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Self-Directed Brokerage Accounts 20%
2. The Charles Schwab Corporation Common Stock 19%
3. Dodge & Cox Stock 8%

 Retirement Plan Details

Address 211 Main Street
San Francisco, CA 94105 
Industry Securities Brokerage
Administrator Jay Allen
Net Plan Assets $2,630,000,000
Total Participants 16,000
Avg Account Balance $160,000

Plan Service Providers

Auditor Deloitte & Touche, LLP
Administration Charles Schwab
Recordkeeper Charles Schwab
Investment Adviser Ascension Wealth Partners LLC
Investment Adviser Balasa Dinverno Foltz, LLC
Investment Adviser Capital Advantage Inc
Investment Adviser Douglas C. Lane & Associates
Investment Adviser Frontier Capital Management Co., LLC
Investment Adviser Private Ocean
Investment Adviser Rosenblum-Silverman-Sutton Sf Inc.
Investment Adviser Schaefer Financial Management
Investment Adviser Scharf Investments LLC
Investment Adviser Tci Wealth Advisors, Inc.
Investment Adviser Carret & Company LLC
Investment Adviser First Republic
Investment Adviser Concentric Wealth Mgmt LLC
Investment Adviser Convergent Wealth Advisors
Administration Morningstar, Inc.