2023 Form 5500 filing — Schwabplan Retirement Savings And Investment Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240918144905NAL0008057792001) for Schwabplan Retirement Savings And Investment Plan, reported by The Charles Schwab Corporation under EIN 94-3025021 and plan number 002. It reports 43,523 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240918144905NAL0008057792001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Charles Schwab Corporation
- EIN
- 94-3025021
- Plan number
- 002
- Location
- Westlake, TX
- Participants
- 43,523
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,950,669,667
- Net assets (EOY)
- $7,950,669,667
- Employer contributions
- $232,824,121
- Participant contributions
- $429,136,709
- Total income / additions
- $1,699,953,937
- Benefits paid
- $368,230,009
- Administrative expenses
- $3,617,082
- Total expenses
- $371,931,643
- Net increase / (decrease)
- $1,328,022,294
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services | 100% OWNED SUBSIDIARY | $2,381,112 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | 100% OWNED SUBSIDIARY | $263,762 | $60 |
| Creative Planning LLC | INVESTMENT ADVISOR | $101,901 | not reported in the loaded dataset |
| Private Ocean | INVESTMENT ADVISOR | $59,661 | not reported in the loaded dataset |
| Douglas Lane & Associates LLC | INVESTMENT ADVISOR | $53,746 | not reported in the loaded dataset |
| Mariner LLC | INVESTMENT ADVISOR | $52,099 | not reported in the loaded dataset |
| Envestnet Asset Management Inc | INVESTMENT ADVISOR | $47,907 | not reported in the loaded dataset |
| Jmg Financial Group Ltd | INVESTMENT ADVISOR | $42,698 | not reported in the loaded dataset |
| Interocean Capital Group LLC | INVESTMENT ADVISOR | $36,473 | not reported in the loaded dataset |
| Mercer Global Advisors Inc | INVESTMENT ADVISOR | $31,336 | not reported in the loaded dataset |
| Kohmann Bosshard Financial Ser | INVESTMENT ADVISOR | $27,310 | not reported in the loaded dataset |
| Hightower Advisors LLC | INVESTMENT ADVISOR | $26,565 | not reported in the loaded dataset |
| Ascension Wealth Partners LLC | INVESTMENT ADVISOR | $26,501 | not reported in the loaded dataset |
| Main Street Research LLC | INVESTMENT ADVISOR | $25,893 | not reported in the loaded dataset |
| Tci Wealth Advisors Inc | INVESTMENT ADVISOR | $25,869 | not reported in the loaded dataset |
| Cookson Peirce & Co Inc | INVESTMENT ADVISOR | $24,581 | not reported in the loaded dataset |
| At Investment Advisers Inc | INVESTMENT ADVISOR | $23,434 | not reported in the loaded dataset |
| Armor Investment Advisors LLC | INVESTMENT ADVISOR | $22,987 | not reported in the loaded dataset |
| Longview Financial Advisors Ll | INVESTMENT ADVISOR | $20,455 | not reported in the loaded dataset |
| Cerity Partners LLC | INVESTMENT ADVISOR | $20,241 | not reported in the loaded dataset |
| Chicago Partners Investment Gr | INVESTMENT ADVISOR | $19,427 | not reported in the loaded dataset |
| Polaris Wealth Advisory Group | INVESTMENT ADVISOR | $19,341 | not reported in the loaded dataset |
| Williams Jones Wealth Manageme | INVESTMENT ADVISOR | $17,829 | not reported in the loaded dataset |
| Ep Wealth Advisors LLC | INVESTMENT ADVISOR | $17,236 | not reported in the loaded dataset |
| Avior Wealth Management LLC | INVESTMENT ADVISOR | $16,647 | not reported in the loaded dataset |
| Freestone Capital Management L | INVESTMENT ADVISOR | $16,262 | not reported in the loaded dataset |
| Capital Advantage Inc | INVESTMENT ADVISOR | $15,386 | not reported in the loaded dataset |
| Private Capital Management LLC | INVESTMENT ADVISOR | $15,096 | not reported in the loaded dataset |
| Capital Advisors Inc | INVESTMENT ADVISOR | $14,850 | not reported in the loaded dataset |
| The Roosevelt Investment Group | INVESTMENT ADVISOR | $14,638 | not reported in the loaded dataset |
| Signaturefd LLC | INVESTMENT ADVISOR | $14,424 | not reported in the loaded dataset |
| Ironwood Investment Counsel Ll | INVESTMENT ADVISOR | $13,373 | not reported in the loaded dataset |
| Lutz Financial Services LLC | INVESTMENT ADVISOR | $13,084 | not reported in the loaded dataset |
| Beacon Pointe Advisors LLC | INVESTMENT ADVISOR | $12,649 | not reported in the loaded dataset |
| Zega Financial LLC | INVESTMENT ADVISOR | $10,982 | not reported in the loaded dataset |
| Trellis Wealth Advisors LLC | INVESTMENT ADVISOR | $10,386 | not reported in the loaded dataset |
| Plante Moran Financial Advisor | INVESTMENT ADVISOR | $10,262 | not reported in the loaded dataset |
| Johnson Investment Counsel Inc | INVESTMENT ADVISOR | $10,254 | not reported in the loaded dataset |
| Evensky & Katz/Foldes | INVESTMENT ADVISOR | $9,743 | not reported in the loaded dataset |
| Schaefer Financial Management | INVESTMENT ADVISOR | $9,592 | not reported in the loaded dataset |
| Lodestar Private Asset Managem | INVESTMENT ADVISOR | $9,310 | not reported in the loaded dataset |
| The Burney Company | INVESTMENT ADVISOR | $9,103 | not reported in the loaded dataset |
| Roffman Miller Associates Inc | INVESTMENT ADVISOR | $8,840 | not reported in the loaded dataset |
| Adero Partners LLC | INVESTMENT ADVISOR | $8,650 | not reported in the loaded dataset |
| Fisher Investments | INVESTMENT ADVISOR | $8,463 | not reported in the loaded dataset |
| Driven Investments LLC | INVESTMENT ADVISOR | $8,092 | not reported in the loaded dataset |
| Signature Estate & Investment | INVESTMENT ADVISOR | $7,773 | not reported in the loaded dataset |
| Heritage Financial Services | INVESTMENT ADVISOR | $7,656 | not reported in the loaded dataset |
| Wcg Wealth Advisors LLC | INVESTMENT ADVISOR | $7,630 | not reported in the loaded dataset |
| Empirical Financial Services L | INVESTMENT ADVISOR | $7,511 | not reported in the loaded dataset |
| Gyl Financial Synergies LLC | INVESTMENT ADVISOR | $7,380 | not reported in the loaded dataset |
| Steelpeak Wealth LLC | INVESTMENT ADVISOR | $7,308 | not reported in the loaded dataset |
| Wealth Enhancement Advisory Se | INVESTMENT ADVISOR | $7,017 | not reported in the loaded dataset |
| Gemmer Asset Management LLC | INVESTMENT ADVISOR | $6,634 | not reported in the loaded dataset |
| Mount Tamalpais Asset Manageme | INVESTMENT ADVISOR | $6,585 | not reported in the loaded dataset |
| Concentric Wealth Mgmt LLC | INVESTMENT ADVISOR | $6,190 | not reported in the loaded dataset |
| United Capital Financial Advis | INVESTMENT ADVISOR | $6,119 | not reported in the loaded dataset |
| Apriem Advisors | INVESTMENT ADVISOR | $5,773 | not reported in the loaded dataset |
| Gw&K Investment Management LLC | INVESTMENT ADVISOR | $5,746 | not reported in the loaded dataset |
| Moller Wealth Partners Inc | INVESTMENT ADVISOR | $5,398 | not reported in the loaded dataset |
| Badgley Phelps Wealth Managers | INVESTMENT ADVISOR | $5,323 | not reported in the loaded dataset |
| Spectrum Asset Management Inc | INVESTMENT ADVISOR | $5,054 | not reported in the loaded dataset |
| Corient Private Wealth LLC | INVESTMENT ADVISOR | $5,042 | not reported in the loaded dataset |