Why Schwab Retirement Plan Services.

Intro

Schwab was built around a simple idea: Put the client first. That's why Schwab Retirement Plan Services is a top 401(k) provider and the choice for employers who want more for their employees. Our commitment to helping improve the financial lives of plan participants is backed by Schwab's experience and industry leadership.

Easy access to expertise.

With us as your 401(k) recordkeeper, you can build a plan that is designed to advance your strategic goals alongside a team of experienced professionals who are available when you need them. Stay on top of plan design trends with industry insights, plan data, and web tools—all backed by access to five decades of Schwab's financial planning and investment experience.

A person uses a headset to speak to someone on the phone.

Individualized support for employees.

Spur employees' involvement in their financial futures with services tailored to their unique situations. With access to personalized financial guidance, a library of planning and educational tools, and flexible digital and human support, our plan features are designed to help your employees address financial barriers and better prepare for retirement.

Access to solutions to help you work toward your goals.

As your retirement plan provider, we help you design a plan with your workforce in mind. And through Charles Schwab, you get access to a broad range of solutions—from plan design and communication consulting for you to third-party advice services, investment options, financial planning, and wellness solutions for your employees.

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Competitive and transparent pricing

Competitive and transparent pricing

With us, you know exactly what you're paying for. Get access to industry insights and best practices: That's included. And you can stay informed with our proactive analysis of services and fees1 to ensure you're getting competitive prices for you and your participants.

Schwab Retirement Plan Services at a glance.

Our offerings

Bundled retirement plan services include:

  • Defined contribution plans

  • Defined benefit plans

  • Nonqualified plans

Our profile*

  • 957

    Employer relationships

  • 1,344

    Retirement plans serviced

  • 1.9M

    Participants served

  • $266B

    Total assets

Our top industries**

  • Professional services

  • Energy

  • Manufacturing

  • Medical

  • Technology

Proven client satisfaction.

Don't just take our word for it—see what makes us a top 401(k) provider.

#1 in Participant Satisfaction with Retirement Plan Digital Experiences, 3 out of the last 4 years.

We are honored to receive the most Best in Class awards for 7 years in a row, which is nearly 2X more than the nearest qualifying plan provider, as rated in the 2023 PLANSPONSOR® Defined Contribution (DC) Survey.²

Charles Schwab received the highest score in the J.D. Power 2021-2022, and 2024 U.S. Retirement Plan Digital Satisfaction Studies, which measures group retirement plan participant satisfaction with
plan provider digital experiences. Visit jdpower.com/awards for more details. Use of study results in promotional materials is subject to a license fee. Visit jdpower.com/awards for more details.

PLANSPONSOR award was given on February 15, 2024. The criteria, evaluation, and ranking were determined by PLANSPONSOR. See https://www.plansponsor.com/research/2023-best-class-dc-providers/?pagesec=4#Methodology for more information. A licensing fee has been paid to PLANSPONSOR for the use of the award logo, however Schwab did not pay any fees to be considered for the award.

Workplace 401(k) learning hub.

Workplace 401(k) learning hub.

Schwab Retirement Plan Services offers a growing collection of educational resources to support you, whether you are an employer or retirement plan consultant.

Explore the hub

See how we can help your benefits package stand out.

"We," "us," and "our" refer to Schwab Retirement Plan Services, Inc.

*Data based on Schwab Retirement Plan Services internal reporting as of January 31, 2024. Statistics based on 401(k), other defined contribution (qualified), and nonqualified plans.

**Based on participant count as of January 31, 2024.

1. Schwab Retirement Plan Services (SRPS) proactively monitors cost and provides such data to the plan fiduciary. SRPS is not responsible for making decisions on implementing fee changes.

2. 55 in the PLANSPONSOR(R) 2023 Defined Contribution (DC) Survey, 55 in the PLANSPONSOR(R) 2022 Defined Contribution (DC) Survey, 48 in the PLANSPONSOR® 2021 Defined Contribution (DC) Survey, 102 in the PLANSPONSOR® 2020 Defined Contribution (DC) Survey, 88 in the PLANSPONSOR® 2019 Defined Contribution (DC) Survey, 74 in the PLANSPONSOR® 2018 Defined Contribution (DC) Survey, and 62 in the PLANSPONSOR® 2017 Defined Contribution (DC) Survey. A total of 12 providers qualified for inclusion in the 2023 results and providers were rated in four areas of service.  A total of 15 providers qualified for inclusion in the 2022 results and providers were rated by sponsors in four areas of service. A total of 15 providers qualified for inclusion in the 2021 results, down from 17 providers listed in 2020 and 23 providers listed in 2017, 2018, and 2019. More information regarding the methodology and survey results can be found at: https://www.plansponsor.com/research/2023-best-class-dc-providers/?pagesec=4#Methodology.

(0924-U3TK)
Investment and Insurance Products Are: Not FDIC Insured • Not Insured by Any Federal Government Agency • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or any of its Affiliates • Subject to Investment Risks, Including Possible Loss of Principal Amount Invested

Outcomes are not guaranteed.

Workplace Financial Services is a business enterprise which offers products and services through Schwab Retirement Plan Services, Inc.; Schwab Stock Plan Services; and Designated Brokerage Services. Schwab Retirement Plan Services, Inc., provides recordkeeping and related services with respect to retirement plans. Schwab Stock Plan Services is a division of Charles Schwab & Co., Inc. providing equity compensation plan services and brokerage solutions for corporate clients. Schwab Designated Brokerage Services (DBS), a division of Charles Schwab & Co., Inc., provides technology solutions for corporate clients with regulatory requirements to monitor employee security transactions.  Schwab Retirement Plan Services, Inc., and Charles Schwab & Co., Inc. ("Schwab")(Member SIPC) are separate but affiliated entities, and each is a subsidiary of The Charles Schwab Corporation.

Through its operating subsidiaries, The Charles Schwab Corporation provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors as well as provides services to retirement and other benefit plans and participants. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (Member SIPC, sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice. Its banking subsidiaries, Charles Schwab Bank, SSB and Charles Schwab Premier Bank, SSB (Members FDIC and an Equal Housing Lenders), provide banking and lending services and products; Charles Schwab Trust Bank (Member FDIC), provides trust, custody, and deposit products and services. Its recordkeeping subsidiary, Schwab Retirement Plan Services, Inc., provides recordkeeping and related services. What we share here to help support you, your employees, your plan, and your participants represents the broad range of products and services available through The Charles Schwab Corporation and its operating subsidiaries. This includes access to brokerage, banking, trust, and recordkeeping services to help respond to needs that may exist within or beyond your retirement plan.

The Charles Schwab Corporation provides services to retirement and other benefit plans and participants through its separate but affiliated companies and subsidiaries: Charles Schwab Trust Bank, Member FDIC, and Charles Schwab & Co., Inc., Member SIPC. Trust, custody, and deposit products and services are offered by Charles Schwab Trust Bank. Brokerage products and services are offered by Charles Schwab & Co., Inc. Schwab Retirement Technologies, Inc. ("Schwab RT") is engaged in developing and licensing proprietary retirement plan recordkeeping systems to independent third-party administrators.

© 2024 The Charles Schwab Corporation. All rights reserved. (0522-225N)

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