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 | $165,662 | $95,453+73.6% | $112,040+47.9% | $82,448+100.9% |
| Participation rate | 100.0% | 72.8%+27.2pp | 76.5%+23.5pp | 68.1%+31.9pp |
| Annual return | 39.18% | 23.92%+15.3pp | 24.52%+14.7pp | 41.64%-2.5pp |
| Employer contribution / active EE | $3,399 | $2,318+46.7% | $2,954+15.1% | $2,551+33.3% |
| Participant deferral / active EE | $10,870 | $4,224+157.4% | $5,098+113.2% | $4,139+162.6% |
| Admin fee / account holder | $25,264 | $9,013+180.3% | $12,098+108.8% | $7,234+249.2% |