Providers › Insurance and brokerage
Service provider · Schedule C, plan year 2024
Charles Schwab & Co., Inc.
Most often reported for insurance and brokerage
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
Charles Schwab & Co., Inc. is named as a service provider on the Schedule C of 1,704 retirement plans with 100 or more participants for plan year 2024, covering 5,479,151 participant records. Most often it is reported for insurance and brokerage.
Reported compensation from those plans, direct and indirect, totalled $7.7M. Per plan, the median was $0.59 per participant, with the middle half of plans between $0.13 and $2.89. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in California (198), Illinois (135) and New York (130).
In 2009 it appeared on 1,427 such filings; in 2024, 1,734 (up 22%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $0.13 | $0.59 | $2.89 |
| Compensation as a share of plan net assets | 0.00% | 0.00% | 0.00% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| The Home Depot Futurebuilder | The Home Depot, Inc. | GA | 439,390 | $14.1B | $0 |
| Kaiser Permanente 401(k) Retirement Plan | Kaiser Foundation Health Plan, Inc. | CA | 179,236 | $22.5B | $19K |
| Google LLC 401(k) Savings Plan | Google LLC | CA | 155,598 | $48.7B | $262K |
| Culinary and Bartenders 401(k) Plan | Trustees of the Culinary and Bartenders 401(k) Trust | NV | 126,837 | $246M | $0 |
| Kaiser Permanente Tax Sheltered Annuity Plan | Kaiser Foundation Health Plan, Inc. | CA | 105,882 | $13.8B | $54K |
| Advocate Aurora Health 401(k) Plan | Advocate Aurora Health, Inc. | WI | 103,145 | $10.5B | $18K |
| Randstad North America 401(k) Plan | Randstad North America | GA | 90,250 | $674M | $0 |
| Aon Pooled Employer Plan | Aon Consulting, Inc. | IL | 87,813 | $3.14B | $4,989 |
| Southwest Airlines Co. Retirement Savings Plan | Southwest Airlines Co. | TX | 85,685 | $17.0B | $12K |
| The Retirement Savings Plan | The New York-Presbyterian Hospital | NY | 72,256 | $4.83B | $0 |
| Humana Retirement Savings Plan | Humana Inc. | KY | 61,001 | $7.71B | $63K |
| Panda Retirement Plan | Panda Restaurant Group, Inc. | CA | 59,074 | $610M | $1,169 |
| Booz Allen Hamilton Inc. Employees' Capital Accumulation Plan | Booz Allen Hamilton Inc. | VA | 56,540 | $9.32B | $5,083 |
| Barrett Business Services, Inc. Retirement Savings Plan | Barrett Business Services, Inc. | WA | 53,428 | $261M | $0 |
| Iu Health 401(k) Savings Plan | Indiana University Health Inc. | IN | 51,880 | $4.48B | $19K |
| Wellstar Health System, Inc. Supplemental Retirement Savings Plan | Wellstar Health System, Inc. | GA | 48,753 | $2.84B | $6,069 |
| Prime Healthcare Services, Inc. 401(k) Plan | Prime Healthcare Services, Inc. | CA | 46,208 | $1.76B | $5,904 |
| Pentegra Defined Contribution Plan for Financial Institutions | Board of Directors of Pentegra Defined Contribution Plan | NY | 45,161 | $2.26B | $0 |
| Schwabplan Retirement Savings and Investment Plan | The Charles Schwab Corporation | TX | 43,502 | $8.93B | $320K |
| Columbia University Voluntary Retirement Savings Plan | Trustees of Columbia University | NY | 40,437 | $4.71B | $2,170 |
| Global Medical Response, Inc. 401(k) Plan | Global Medical Response, Inc. | CO | 38,236 | $1.75B | $1,659 |
| Hilton 401(k) Plan | Hilton Domestic Operating Company, Inc. | VA | 36,894 | $2.30B | $1,918 |
| Knight-Swift Transportation Holdings, Inc. Retirement Plan | Knight-Swift Transportation Holdings Inc. | AZ | 36,328 | $1.02B | $1,312 |
| Intuit Inc. 401(k) Plan | Intuit Inc. | CA | 35,542 | $3.68B | $24K |
| Baptist Health South Florida, Inc. 403(b) Employee Retirement Plan | Baptist Health South Florida, Inc. | FL | 35,472 | $2.66B | $4,229 |
| Retirement Plan for Officers of Columbia University | Trustees of Columbia University | NY | 34,090 | $5.64B | $2,098 |
| The Caci Smart Plan | Caci International, Inc. | VA | 33,177 | $3.88B | $7,335 |
| Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan | Baxter International Inc. | IL | 29,847 | $4.58B | $9,820 |
| Farmers Group, Inc. 401(k) Savings Plan | Farmers Group, Inc. | CA | 28,962 | $4.89B | $16K |
| Wellspan 403(b) Retirement Savings Plan | Wellspan Health | PA | 27,878 | $2.64B | $5,177 |
| The Sci 401(k) Retirement Savings Plan | Service Corporation Intl | TX | 27,861 | $1.75B | $32K |
| Jetblue Airways Retirement Plan | Jetblue Airways Corporation | NY | 27,448 | $5.45B | $44K |
| Atlantic Health System 403(b) Retirement Savings Plan | Atlantic Health System Inc. | NJ | 25,995 | $1.30B | $425 |
| Sony USA 401(k) Plan | Sony Corporation of America | NY | 25,938 | $6.21B | $2,481 |
| Sap America, Inc. 401(k) Plan | Sap America, Inc. | PA | 25,536 | $8.14B | $76K |
| Old Dominion 401(k) Retirement Plan | Old Dominion Freight Line, Inc. | NC | 25,253 | $2.40B | $1,669 |
| Teamhealth 401(k) Plan | Ameriteam Services, LLC | TN | 24,708 | $1.80B | $23K |
| Williams-Sonoma, Inc. 401(k) Plan | Williams-Sonoma, Inc. | CA | 23,837 | $798M | $3,002 |
| WSP USA Retirement Savings Plan | WSP USA Buildings Inc. | NY | 23,617 | $3.32B | $5,250 |
| The 401(k) Plan for Permanente Medical Groups | Southern California Permanente Medical Group | CA | 23,286 | $6.54B | $13K |
Questions and answers
How many plans does Charles Schwab & Co., Inc. serve?
1,704 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Charles Schwab & Co., Inc.?
The median plan reported $0.59 per participant in direct and indirect compensation (1,052 plans reporting an amount), or 0.00% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Securities brokerage (946 plans), Custodial (securities) (238 plans), Investment advisory (participants) (67 plans) and Trustee (directed) (66 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.