Filed October 13, 2024
Total covered: 2 employees
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $126,499 | $56,894+122.3% | $84,753+49.3% | $62,881+101.2% |
| Participation rate | 98.0% | 68.5%+29.5pp | 76.6%+21.4pp | 69.3%+28.7pp |
| Annual return | 11.20% | 6.30%+4.9pp | 22.78%-11.6pp | 20.14%-8.9pp |
| Employer contribution / active EE | $6,771 | $2,400+182.1% | $3,574+89.4% | $2,281+196.8% |
| Participant deferral / active EE | $6,990 | $2,709+158.0% | $3,712+88.3% | $3,203+118.2% |
| Admin fee / account holder | $434 | $3,581-87.9% | $5,333-91.9% | $4,296-89.9% |