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Original filing (PDF)20251015153741NAL0006787216001
LES SCHWAB WAREHOUSE CENTER, LLC
Form 5500
FILING_RECEIVED
LES SCHWAB PROFIT SHARING RETIREMENT PLAN
Defined-contribution retirement plan
Signals · 2
No recordkeeper disclosed30 service providers
Active participants
6,051
Accounts w/ balance
8,596
Plan assets (EOY)
$865.4M
Net assets (EOY)
$864.7M
How this plan invests
This plan
68 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
88
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
68
Participation health
100
Knocking points off
- 47 bps in Schedule C fees — 686% above peer band of 6 bps.
- No recordkeeper disclosed on Schedule C.
- Highly fragmented vendor stack (30 disclosed providers, 6 categories).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LES SCHWAB WAREHOUSE CENTER, LLC.
Plan sponsor
Name
LES SCHWAB WAREHOUSE CENTER, LLC
EIN
93-0470437
Address
20900 COOLEY ROAD · BEND, OR · 97701
Phone
(541) 447-4136
Industry
Retail Tradesee all
Plan administrator
Name
LES SCHWAB PROFIT SHARING RETIREMENT PLAN
EIN
93-0470437
City
BEND, OR
Phone
(541) 447-4136
Plan characteristics
Plan number
333
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
JONES & ROTH P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
30 rowsAdvisor / Consultant
25| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| HARSCH INVESTMENT CORP | 93-0402005 | — | INDEPENDENT ADVISOR | $1.4M | — |
| MERCER | 43-1359311 | — | INDEPENDENT ADVISOR | $743K | — |
| SILVER POINT CAPITAL, L.P. | 22-3849696 | — | INVESTMENT ADVISOR | $180K | — |
| PORTFOLIO ADVISORS | 98-0489077 | — | INDEPENDENT ADVISOR | $142K | — |
| PRISA, LP | 46-1242933 | — | INDEPENDENT ADVISOR | $133K | — |
| CANYON PARTNERS | 95-4665514 | — | INVESTMENT ADVISOR | $130K | — |
| BAIN CAPITAL | 85-1332054 | — | INDEPENDENT ADVISOR | $129K | — |
| NEUBERGER BERMAN | 34-2049022 | — | INDEPENDENT ADVISOR | $114K | — |
| HIGHVISTA PRIVATE EQUITY X | 98-1739463 | — | INDEPENDENT ADVISOR | $66K | — |
| IRON POINT | 26-0310489 | — | INDEPENDENT ADVISOR | $62K | — |
| GLOBAL TRUST COMPANY | 30-6526680 | — | INDEPENDENT ADVISOR | $62K | — |
| RESOURCE CAPITAL FUND, LP | 98-1091392 | — | INDEPENDENT ADVISOR | $55K | — |
| AURELIUS | 33-1115695 | — | INDEPENDENT ADVISOR | $53K | — |
| RELATED REAL ESTATE FUND | 83-4237103 | — | INDEPENDENT ADVISOR | $49K | — |
| ENCAP ENERGY | 98-1340720 | — | INDEPENDENT ADVISOR | $48K | — |
| ELLIOTT INVESTMENT MANAGEMENT LP | 84-3339129 | — | INDEPENDENT ADVISOR | $44K | — |
| ISAM VECTOR MANAGEMENT | 98-0676737 | — | INDEPENDENT ADVISOR | $32K | — |
| WYSE INVESTMENT SERVICES CO | 93-0970521 | — | INDEPENDENT ADVISOR | $30K | — |
| AACP TAX EXEMPT INVESTORS VI | 84-3891191 | — | INDEPENDENT ADVISOR | $28K | — |
| READYSTATE OFFSHORE FUND, LTD. | 98-1633398 | — | INDEPENDENT ADVISOR | $27K | — |
| WILLIAM BLAIR COLLECTIVE INVESTMENT | 27-6331814 | — | INDEPENDENT ADVISOR | $25K | — |
| ENCAP FLATROCK | 20-0088401 | — | INDEPENDENT ADVISOR | $17K | — |
| BREVAN HOWARD CAPITAL MANAGEMENT LP | — | — | INDEPENDENT ADVISOR | $14K | — |
| SWEETWATER PRIVATE EQUITY III LP | 86-2997289 | — | INDEPENDENT ADVISOR | $8K | — |
| STATE STREET BANK & TRUST CO | 90-0337987 | — | INDEPENDENT ADVISOR | $6K | — |
Trustee
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL BANK | 42-1466678 | — | DIRECTED TRUSTEE | $127K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NWPS | 91-2090931 | — | THIRD PARTY ADMINISTRATO | $138K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| JONES & ROTH, PC | 93-0819646 | — | AUDITOR | $40K | — |
Insurance
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MARSH USA INC. | 36-1436000 | — | INSURANCE | $118K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILLIS TOWERS WATSON | 53-0181291 | — | CONSULTING | $45K | — |
Investments
68 direct securities· $1.2B(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| (I) Net Gain $ (h) 248,505,799 | — | — | $248.5M | $254.0M | 29.3% | |
| SSGA S&P 500 Index Fund 1,588,671 Shares of Mutual Funds | — | — | $106.5M | $205.4M | 23.7% | |
| Total Privately Managed Investment Funds | — | — | $85.8M | $128.4M | 14.8% | |
| SSGA World Ex U.S. Index Fund 2,369,801 Shares of Mutual Funds | — | — | $29.9M | $46.2M | 5.3% | |
| Mercer Emerging Markets Equity 3,021,946 Shares of Mutual Funds | — | — | $31.7M | $36.5M | 4.2% | |
| Prudential Core Plus Bond Fund 192,679 Shares of Mutual Funds | — | — | $38.7M | $35.9M | 4.1% | |
| Mercer Non-US Core Equity Fund 1,288,213 Shares of Mutual Funds | — | — | $30.1M | $35.0M | 4.0% | |
| Manulife Asset Management 2,927,070 Shares of Mutual Funds | — | — | $31.2M | $34.7M | 4.0% | |
| Mercer Opportunities Fixed Income 2,147,733 Shares of Mutual Funds | — | — | $22.6M | $26.2M | 3.0% | |
| Elliot International Interest in Privately Managed Inv. Fnd. | — | — | $6.4M | $23.6M | 2.7% | |
| Cabrillo Commerce Center LLC Interest in Limited Partnership | — | — | $2.3M | $23.1M | 2.7% | |
| NB Crossroads Fund XXII Interest in Limited Partnership | — | — | $7.5M | $23.0M | 2.7% | |
| Cash Equivalents: Rate Term Maturity * Principal Bank - MMF | — | — | $19.6M | $19.6M | 2.3% | |
| Portfolio Advisors Fund XI Interest in Limited Partnership | — | — | $8.6M | $16.9M | 2.0% | |
| Grandueur Peak International Fund 950,285 Shares of Mutual Funds | — | — | $16.2M | $15.4M | 1.8% | |
| David Kempner Institutional L.P Interest in Privately Managed Inv. Fnd. | — | — | $13.0M | $15.1M | 1.7% | |
| GW&K Collective Trust 556,973 Shares of Mutual Funds | — | — | $8.7M | $14.0M | 1.6% | |
| PRISA L.P. Interest in Limited Partnership | — | — | $10.8M | $13.3M | 1.5% | |
| Seatac Village Shopping Center LLC Interest in Limited Partnership | — | — | $297K | $12.6M | 1.5% | |
| Victory Integrity Small-Mid Cap 949,636 Shares of Mutual Funds | — | — | $11.4M | $11.8M | 1.4% | |
| Silver Point Capital Offshort Fund Interest in Privately Managed Inv. Fnd. | — | — | $6.9M | $11.3M | 1.3% | |
| Shellback Offshord Fund Interest in Privately Managed Inv. Fnd. | — | — | $4.6M | $10.9M | 1.3% | |
| Arkkan Opportunities Feeder Fund LTD Interest in Privately Managed Inv. Fnd. | — | — | $8.7M | $10.2M | 1.2% | |
| William Blair Small-Mid Cap 232,119 Shares of Mutual Funds | — | — | $9.7M | $10.1M | 1.2% | |
| Phara Gaia Fund Interest in Privately Managed Inv. Fnd. | — | — | $8.0M | $10.0M | 1.2% | |
| NB Crossroads Fund XXI Interest in Limited Partnership - | — | — | — | $9.3M | 1.1% | |
| Highvista Private Equity Viii Offshore L.P. Interest in Limited Partnership | — | — | $5.7M | $8.8M | 1.0% | |
| Readystate Offshore Fund Ltd Interest in Privately Managed Inv. Fnd. | — | — | $8.0M | $8.5M | 1.0% | |
| Portfolio Advisors Fund VIII Interest in Limited Partnership | — | — | $4.4M | $7.9M | 0.9% | |
| Pacific Crossroads Properties, Inc. Interest in Limited Partnership | — | — | $3.4M | $7.9M | 0.9% | |
| Atalan Offshore Fund Interest in Privately Managed Inv. Fnd. | — | — | $6.9M | $7.7M | 0.9% | |
| Canyon Value Interest in Privately Managed Inv. Fnd. | — | — | $1.7M | $7.6M | 0.9% | |
| Montauk Trigaurd Fund VII L.P. Interest in Limited Partnership | — | — | $2.8M | $7.0M | 0.8% | |
| Patrick Airport Business Center LLC Interest in Limited Partnership | — | — | -$2.4M | $6.3M | 0.7% | |
| Related Real Estate Fund III Interest in Limited Partnership | — | — | $5.2M | $5.7M | 0.7% | |
| NB Crossroads Fund 24 Interest in Limited Partnership | — | — | $4.9M | $5.5M | 0.6% | |
| Montauk Trigaurd Fund VIII L.P. Interest in Limited Partnership | — | — | $3.8M | $5.2M | 0.6% | |
| Merit Energy Partners Fund J Interest in Limited Partnership | — | — | $5.0M | $5.0M | 0.6% | |
| 1798 Adapt Fund LTD Interest in Privately Managed Inv. Fnd. | — | — | $5.0M | $4.9M | 0.6% | |
| Bain Capital Real Eatate Fund II L.P. Interest in Limited Partnership | — | — | $4.8M | $4.9M | 0.6% | |
| Resource Capital Fund, L.P. Interest in Limited Partnership | — | — | $1.8M | $4.7M | 0.5% | |
| Tiger Global LTD Interest in Privately Managed Inv. Fnd. | — | — | $5.0M | $4.6M | 0.5% | |
| Merit Energy Partners Fund K Interest in Limited Partnership | — | — | $3.8M | $4.4M | 0.5% | |
| iSAM Vector Limited Interest in Privately Managed Inv. Fnd. | — | — | $4.5M | $4.4M | 0.5% | |
| Iron Point Real Estate Partners IC, L.P. Interest in Limited Partnership | — | — | $4.7M | $4.3M | 0.5% | |
| Encap Energy Capital Fund, L.P. Interest in Limited Partnership | — | — | $4.9M | $4.3M | 0.5% | |
| Aurelius Capital International Fund Interest in Privately Managed Inv. Fnd. | — | — | $2.8M | $4.2M | 0.5% | |
| Vantagerock Capital Offshore Ltd Interest in Privately Managed Inv. Fnd. | — | — | $4.0M | $4.2M | 0.5% | |
| AACP VI L.P. Interest in Limited Partnership | — | — | $3.5M | $3.8M | 0.4% | |
| Q-Blk Real Assets II, L.P. Interest in Limited Partnership | — | — | $1.8M | $3.2M | 0.4% | |
| Highvista Private Equity X (Offshore), L.P. Interest in Limited Partnership | — | — | $2.0M | $2.1M | 0.2% | |
| Encap Flatrock Midstream Fund IV-C Interest in Limited Partnership | — | — | $2.2M | $2.1M | 0.2% | |
| Venture Investment Associates VI Interest in Limited Partnership | — | — | $2.5M | $1.9M | 0.2% | |
| Sweetwater Private Equity III L.P. Interest in Limited Partnership | — | — | $1.3M | $1.7M | 0.2% | |
| Great Hills Equity Interest in Limited Partnership | — | — | $1.6M | $1.3M | 0.2% | |
| Bain Capital Real Eatate Fund III L.P. Interest in Limited Partnership | — | — | $1.2M | $1.1M | 0.1% | |
| King Street Capital Interest in Privately Managed Inv. Fnd. - | — | — | — | $749K | <0.1% | |
| Anchorage Capital Partners Interest in Privately Managed Inv. Fnd. | — | — | $102K | $290K | <0.1% | |
| Asia Alternatives VI L.P. Interest in Limited Partnership | — | — | $243K | $249K | <0.1% | |
| Thompson Street II, L.P. Interest in Limited Partnership | — | — | $164K | $170K | <0.1% | |
| Portfolio Advisors Fund IV Interest in Limited Partnership | — | — | $1.6M | $133K | <0.1% | |
| Lovell Minnick Interest in Limited Partnership | — | — | $2.2M | $120K | <0.1% | |
| Newbury Secondary Fund Interest in Limited Partnership | — | — | $2.7M | $113K | <0.1% | |
| Madrona Interest in Limited Partnership | — | — | $1.8M | $81K | <0.1% | |
| Shepherd Interest in Privately Managed Inv. Fnd. 1 | — | — | — | $71K | <0.1% | |
| Wexford Offshore Spectrum Fund Interest in Privately Managed Inv. Fnd. - | — | — | — | $41K | <0.1% | |
| OZ Overseas Interest in Privately Managed Inv. Fnd. | — | — | $106K | $15K | <0.1% | |
| Oak Tree Interest in Limited Partnership 1 | — | — | — | $9K | <0.1% |