Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
Schwab Retirement Plan Services,inc
Most often reported for recordkeeping and administration
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.
For plan year 2024, 847 retirement plans with 100 or more participants reported paying Schwab Retirement Plan Services,inc $5,000 or more. Those plans cover 1,796,441 participant records, and the service most often reported is recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $101M. Per plan, the median was $73.64 per participant, with the middle half of plans between $39.68 and $119. 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 (125), Texas (70) and Ohio (70).
In 2009 it appeared on 471 such filings; in 2024, 853 (up 81%). 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 | $39.68 | $73.64 | $119 |
| Compensation as a share of plan net assets | 0.03% | 0.06% | 0.12% |
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 |
|---|---|---|---|---|---|
| Humana Retirement Savings Plan | Humana Inc. | KY | 61,001 | $7.71B | $2.1M |
| Schwabplan Retirement Savings and Investment Plan | The Charles Schwab Corporation | TX | 43,502 | $8.93B | $2.8M |
| Encompass Health Corporation 401(k) Retirement Plan | Encompass Health Corporation | AL | 39,155 | $1.72B | $1.1M |
| The Sci 401(k) Retirement Savings Plan | Service Corporation Intl | TX | 27,861 | $1.75B | $1.0M |
| Teamhealth 401(k) Plan | Ameriteam Services, LLC | TN | 24,708 | $1.80B | $1.0M |
| Vegetation and Utility Services Employees 401(k) Savings Plan | Asplundh Tree Expert, LLC | PA | 23,914 | $323M | $431K |
| Williams-Sonoma, Inc. 401(k) Plan | Williams-Sonoma, Inc. | CA | 23,837 | $798M | $588K |
| The 401(k) Plan for Permanente Medical Groups | Southern California Permanente Medical Group | CA | 23,286 | $6.54B | $91K |
| Southern Glazer's 401(k) Plan | Southern Glazer's Wine and Spirits, LLC | FL | 22,224 | $2.07B | $1.2M |
| Recreational Equipment, Inc. Retirement and Profit Sharing Plan | Recreational Equipment, Inc. | WA | 22,024 | $1.01B | $1.0M |
| Belk 401(k) Savings Plan | Belk Stores Services, LLC | NC | 21,400 | $401M | $421K |
| Arctic Slope Regional Corporation and Subsidiaries Employees Retirement Plan | Arctic Slope Regional Corporation | AK | 19,858 | $1.49B | $655K |
| Freeport-McMoran Inc. Employee Capital Accumulation Program | Freeport-McMoran Inc. | AZ | 18,895 | $2.67B | $278K |
| Skywest, Inc. Employees' Retirement Plan | Skywest, Inc. | UT | 18,854 | $1.42B | $477K |
| Andersen 401(k) Plan | Andersen Corporation | MN | 18,373 | $1.45B | $794K |
| HDR, Inc. Best Plan and ESOP | HDR, Inc. | NE | 16,282 | $7.70B | $818K |
| Brown & Brown, Inc. Employee Savings Plan | Brown & Brown, Inc. | FL | 15,772 | $1.75B | $667K |
| Paypal 401(k) Savings Plan | Paypal Holdings, Inc. | CA | 15,164 | $2.25B | $702K |
| Iac Inc. Retirement Savings Plan | Iac Inc. | NY | 15,146 | $1.57B | $463K |
| Centerwell Home Health 401(k) Savings Plan | Humana Inc. | KY | 14,979 | $366M | $129K |
| Benefitsplus 401(k) Profit Sharing Plan | Dentsu International Americas, LLC | NY | 14,475 | $1.22B | $695K |
| Sonepar USA 401 (K) Plan | Sonepar Management US, Inc. | SC | 13,478 | $1.21B | $587K |
| Southwest Airlines Pilots Retirement Savings Plan | Southwest Airlines Company | TX | 13,086 | $11.6B | $372K |
| Pella Corporation 401(k) Savings Plan | Pella Corporation | IA | 12,418 | $1.22B | $634K |
| Grant Thornton Advisors LLC 401(k) Savings Plan | Grant Thornton Advisors LLC | IL | 12,383 | $1.69B | $574K |
| Novo Nordisk Inc. 401(k) Savings Plan | Novo Nordisk Inc. | NJ | 11,320 | $2.54B | $774K |
| Black & Veatch Retirement Program | BVH, Inc. | KS | 10,517 | $3.04B | $473K |
| Adidas 401(k) Savings and Retirement Plan | Adidas America, Inc. | OR | 10,394 | $956M | $395K |
| Humana Partnership Savings Plan | Humana Inc. | KY | 10,118 | $318M | $203K |
| The Terracon 401(k) and ESOP Plan | TSVC, Inc. | KS | 9,868 | $1.04B | $369K |
| Spirit Airlines, Inc. Employee Retirement Savings Plan | Spirit Airlines, Inc. | FL | 9,771 | $296M | $320K |
| Kaiser Permanente Supplemental Savings and Retirement Plan for Scpmg | Southern California Permanente Medical Group | CA | 9,731 | $899M | $37K |
| Beacon Sales Acquisition, Inc. 401(k) Profit Sharing Plan | Beacon Sales Acquisition, Inc. | VA | 9,580 | $654M | $201K |
| Zillow Group 401(k) Plan | Zillow Group, Inc. | WA | 9,389 | $850M | $211K |
| Savings Plan for Employees at Ornl | Ut-Battelle, LLC | TN | 9,356 | $1.75B | $321K |
| Frontier Airlines, Inc. 401(k) Retirement Plan | Frontier Airlines, Inc. | CO | 8,889 | $962M | $460K |
| HNTB Ownership Plan | HNTB Holdings Ltd. | MO | 8,663 | $2.18B | $231K |
| HNTB Retirement and Savings Plan | HNTB Holdings Ltd. | MO | 8,421 | $623M | $536K |
| Electronic Arts Inc. 401(k) Plan | Electronic Arts Inc. | CA | 8,334 | $1.31B | $157K |
| Medamerica 401(k) Profit Sharing Plan for Employees of Vituity | Medamerica, Inc. DBA Vituity | CA | 8,222 | $2.16B | $2.2M |
Questions and answers
How many plans does Schwab Retirement Plan Services,inc serve?
847 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 Schwab Retirement Plan Services,inc?
The median plan reported $73.64 per participant in direct and indirect compensation (847 plans reporting an amount), or 0.06% 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 Recordkeeping and information management (839 plans), Investment advisory (participants) (569 plans), Actuarial (14 plans) and Trustee (bank, trust company, or similar financial institution) (5 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.