The Charles Schwab Corporation
83
Plan:
SchwabPlan Retirement Savings and Investment Plan
83
38
76
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (83) and the top rated plan (90) could equate to:
[How is this calculated?]
6 additional years of work
Up to $200 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.
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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 83, 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, Salary Deferral, and Total Plan Cost. SchwabPlan Retirement Savings and Investment Plan currently has over 17,800 active participants and over $1.8B in plan assets.
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