Filed April 8, 2024
Total covered: 17 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 | $132,052 | $86,949+51.9% | $102,460+28.9% | $80,959+63.1% |
| Participation rate | 100.0% | 72.4%+27.6pp | 76.5%+23.5pp | 67.7%+32.3pp |
| Annual return | 23.56% | 18.89%+4.7pp | 29.47%-5.9pp | 35.67%-12.1pp |
| Employer contribution / active EE | $4,187 | $2,370+76.7% | $3,025+38.4% | $2,757+51.9% |
| Participant deferral / active EE | $10,983 | $4,121+166.5% | $5,056+117.2% | $4,300+155.4% |
| Admin fee / account holder | $43,560 | $8,048+441.3% | $9,460+360.5% | $6,925+529.0% |