Filed January 22, 2024 (most recent of 2 filings on file)
Total covered: 6 employees
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $178,621 | $76,407+133.8% | $150,298+18.8% | $82,448+116.6% |
| Participation rate | 100.0% | 66.4%+33.6pp | 77.8%+22.2pp | 68.1%+31.9pp |
| Annual return | 15.57% | 39.99%-24.4pp | 62.79%-47.2pp | 41.64%-26.1pp |
| Employer contribution / active EE | $9,170 | $2,614+250.8% | $4,154+120.7% | $2,551+259.5% |
| Participant deferral / active EE | $13,078 | $3,214+306.9% | $5,453+139.8% | $4,139+216.0% |
| Admin fee / account holder | $9,439 | $6,352+48.6% | $14,116-33.1% | $7,234+30.5% |