Providers › Trustee and custodial
Service provider · Schedule C, plan year 2024
Charles Schwab
Most often reported for trustee and custodial
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 is named as a service provider on the Schedule C of 38 retirement plans with 100 or more participants for plan year 2024, covering 25,999 participant records. Most often it is reported for trustee and custodial.
Reported compensation from those plans, direct and indirect, totalled $513K. Per plan, the median was $16.51 per participant, with the middle half of plans between $9.59 and $49.16. 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 (7), Washington (6) and Illinois (3).
In 2009 it appeared on 35 such filings; in 2024, 38. 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 | $9.59 | $16.51 | $49.16 |
| Compensation as a share of plan net assets | 0.01% | 0.03% | 0.05% |
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 |
|---|---|---|---|---|---|
| Benihana 401(k) Plan | Benihana National Corp. | FL | 5,077 | $26.8M | $16K |
| Columbia Hospitality 401(k) Plan | Columbia Hospitality, Inc. | WA | 2,862 | $43.8M | $16K |
| Gourmet Boutique, LLC Retirement Plan | Gourmet Boutique, LLC | NY | 2,623 | $7.7M | $28K |
| Sikich Employees' 401(k) Plan | Sikich LLC | IL | 2,455 | $280M | $5,639 |
| Standard Retirement Plan - Home Office Personnel | Stancorp Financial Group, Inc. | OR | 2,225 | $629M | $137K |
| Cirtec Medical Corporation 401(k) Plan | Cirtec Medical Corporation | MN | 1,916 | $52.1M | $20K |
| Chemtrade Chemicals Corporation Consolidated Pension Plan | Chemtrade Logistics | NJ | 819 | $87.8M | $38K |
| Bryce Corporation Pension Plan | Bryce Corporation | TN | 487 | $22.0M | $59K |
| Yamada North America Inc. Associates Retirement Plan | Yamada North America, Inc. | OH | 460 | $19.2M | $7,959 |
| Western Farm Bureau Pension Plan | Farm Bureau Insurance Company of Idaho Er 09 | ID | 459 | $86.9M | $5,796 |
| The 401(k) Profit Sharing Plan of Tacoma Screw Products, Inc. | Tacoma Screw Products, Inc. | WA | 422 | $18.8M | $6,727 |
| Center for Human Services 401(k) Plan | Center for Human Services | CA | 413 | $7.7M | $3,940 |
| High Country Beverage Corporation 401(k) Plan | High Country Beverage Corporation | CO | 392 | $19.4M | $0 |
| Bluehawk, LLC 401(k) Plan | Bluehawk, LLC | WA | 355 | $14.9M | $4,864 |
| Meketa Investment Group, Inc. Profit Sharing Plan | Meketa Investment Group, Inc. | MA | 337 | $55.8M | $7,578 |
| LBS Financial Credit Union Defined Benefit Pension Plan | LBS Financial Credit Union | CA | 324 | $44.6M | $0 |
| Dawson Construction, LLC Retirement Plan | Dawson Construction, LLC | WA | 291 | $12.7M | $34K |
| Solheim Lutheran Home 403(b) Retirement Plan | Solheim Lutheran Home | CA | 279 | $7.5M | $991 |
| Cdo Technologies 401(k) Retirement Plan | Cdo Technologies | OH | 270 | $11.1M | $4,613 |
| K & H Printers-Lithographers, Inc. 401(k) Retirement & Profit Sharing Plan | K & H Printers-Lithographers, Inc. | WA | 263 | $16.1M | $3,913 |
| Addium 401(k) Plan | Addium, Inc. | WA | 261 | $18.3M | $2,143 |
| Roc Service Company, LLC 401(k) Plan | Roc Service Company, LLC | PA | 254 | $6.1M | $687 |
| Ub Distributors, LLC Pension Plan | Ub Distributors, LLC | NY | 250 | $7.5M | $24K |
| House of Cheatham, LLC 401(k) Plan | House of Cheatham, LLC | GA | 246 | $6.2M | $0 |
| Outsell Corporation 401(k) P/s Plan 401(k) Profit Sharing Plan | Outsell Corporation | MN | 243 | $15.5M | $0 |
| Aacn 401(k) Retirement Savings Plan | American Association of Critical-Care Nurses | CA | 234 | $49.0M | $4,651 |
| Sacramento Ent Medical Group Inc. Profit Sharing Plan | Sacramento Ear Nose and Throat Surgical and Medical Group Inc. | CA | 201 | $35.1M | $4,653 |
| Richards, Inc. 401(k) Profit Sharing Plan and Trust | Richards, Inc. | VT | 199 | $36.8M | $29K |
| Zymeworks Biopharmaceuticals 401(k) Plan | Zymeworks Biopharmaceuticals Inc. | — | 171 | $12.2M | $166 |
| Specialty Construction Supply Retirement Plan | Specialty Construction Supply, LLC | ID | 159 | $1.3M | $1,608 |
| Endotronix, Inc. 401(k) Plan | Endotronix, Inc. | IL | 157 | $9.1M | $0 |
| David M. Maines & Associates, Inc. 401(k) Plan | David M. Maines Associates, Inc. | PA | 152 | $22.0M | $6,620 |
| Semler Brossy Consulting Group, LLC 401(k) Profit Sharing Plan | Semler Brossy Consulting Group LLC | CA | 150 | $24.3M | $21K |
| Roger's Gardens 401(k) Profit Sharing Plan | Roger's Gardens Newport Beach | CA | 134 | $7.3M | $2,889 |
| Porteous, Hainkel & Johnson, LLP 401(k) Retirement Plan and Trust | Porteous, Hainkel & Johnson, LLP | LA | 130 | $24.0M | $7,258 |
| Healthcare Financial Management Association Retirement and 401(k) Plan | Healthcare Financial Management Association | IL | 115 | $25.8M | $7,655 |
| Scandinavian Home DC Plan | Scandinavian Home, Inc. | RI | 112 | $3.4M | $1,076 |
| Tri-State Armature & Electrical Works, Inc. Employees' Pension Plan | Tri-State Armature & Electrical Works, Inc. | TN | 102 | $4.1M | $0 |
Questions and answers
How many plans does Charles Schwab serve?
38 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?
The median plan reported $16.51 per participant in direct and indirect compensation (32 plans reporting an amount), or 0.03% 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 Custodial (securities) (25 plans), Investment management (8 plans), Recordkeeping and information management (7 plans) and Contract Administrator (6 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.