Schwab Bank — Form 5500 Schedule C service provider compensation
Reported service provider summary
According to public Form 5500 Schedule C data published through public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Schwab Bank is reported as a service provider on 2 loaded Form 5500 filing(s) across 2 plan sponsor(s) and 2 plan(s). The latest loaded filing year is 2023. Across the loaded Schedule C rows, reported direct compensation totals $6,033 and reported indirect compensation totals $10,845.
Reported compensation summary
- Reported direct compensation
- $6,033
- Reported indirect compensation
- $10,845
- Total reported compensation
- $16,878
- Filings
- 2
- Plan sponsors
- 2
- Plans
- 2
- Latest filing year
- 2023
Figures are reported Schedule C service provider compensation as disclosed by plan sponsors. They are presented objectively and are not a statement about whether any compensation is high, low, or reasonable.
Top plan sponsors by reported compensation
| Sponsor | State | Plans | Reported compensation |
|---|---|---|---|
| University Bancorp, Inc. | MI | 1 | $12,032 |
| Seattle Bank | WA | 1 | $4,846 |
State footprint
Plans reporting Schwab Bank are sponsored in MI (1), WA (1).
Plans reporting this provider
| Sponsor | Plan | Year | Direct comp. | Indirect comp. |
|---|---|---|---|---|
| University Bancorp, Inc. | University Bancorp, Inc. Employee Stock Ownership And Retirement Savings Plan | 2023 | $1,187 | $10,845 |
| Seattle Bank | Seattle Bank Profit Sharing & Salary Deferral Plan | 2023 | $4,846 | $0 |