Plan Snapshot
- Plan Sponsor: The Charles Schwab Corporation
- Sponsor EIN: 943025021
- Sponsor Address: 3000 SCHWAB WAY, WESTLAKE, TX, 76262
- Plan Type: 401(k)
- Total Participants: 32,145
- Total Assets: $8.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 32,145 | $8.9B | $218.1M | $419.4M |
| 2023 | 34,203 | $8.0B | $232.8M | $429.1M |
| 2022 | 33,913 | $6.6B | $216.4M | $382.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $4,368,440 | $4,104,122 | — | — | — |
| 2023 | $3,617,082 | $3,345,462 | — | — | — |
| 2022 | $3,378,391 | $1,126,405 | — | — | — |