Overview

Plan Rating

BrightScope Rating
86
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (37)
Average in Peer Group (76)
Highest in Peer Group (90)

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, Salary Deferral, and Total Plan Cost. SchwabPlan Retirement Savings and Investment Plan currently has over 19,700 active participants and over $2.9B in plan assets.

Did you know?

For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (86) and the top rated plan (90) could equate to:
4
Additional years of work
56,923
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2015
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 211 Main Street
  • Location
    San Francisco , CA
  • 94105
  • Industry
    Securities Brokerage
  • Administrator
    Martha Tuma, Evp, Human Resources
  • Net Plan Assets
    $2,920,000,000
  • Total Participants
    20,000
  • Avg Account Balance
    $150,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Above Average

Peer Group Plans

Company Rating
T. Rowe Price Group 83.7
Humana 77.8
KeyCorp 77.7
Fifth Third Bank 77.1
The Progressive 75.8
BB&T 74.6
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Investments

Investment Menu Stats

# of Investment Options

19

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Self-Directed Brokerage Accounts 21%
N/A
The Charles Schwab Corporation Common Stock 18%
N/A
Vanguard Total Bond Market Index 17%
60%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Administration
Charles Schwab
Recordkeeper
Charles Schwab
Investment Adviser
Private Ocean
Investment Adviser
Scharf Investments LLC
Investment Adviser
Douglas C. Lane & Associates
Investment Adviser
Tci Wealth Advisors, Inc.
Investment Adviser
Signature Investment Advisors
Investment Adviser
Capital Advantage Inc
Investment Adviser
Frontier Investment Management Co.
Investment Adviser
Balasa Dinverno Foltz, LLC
Investment Adviser
Ascension Wealth Partners LLC
Investment Adviser
First Republic
Investment Adviser
Hotchkiss Associates, LLC
Investment Adviser
Donald Gregory Wylin
Investment Adviser
Schaefer Financial Management
Investment Adviser
SII Investments, Inc.
Investment Adviser
Convergent Wealth Advisors
Investment Adviser
Marin Financial LLC
Investment Adviser
Sharkey Howes Wagner & Javeri
Investment Adviser
Obermeyer Wood Investment Counselor
Investment Adviser
Thomas Partners Inc
Investment Adviser
Jack Moller & Assoc Dba Moller
Auditor
Deloitte & Touche, LLP