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 | $60,723 | $60,349+0.6% | $74,184-18.1% | $62,881-3.4% |
| Participation rate | 91.2% | 72.7%+18.4pp | 76.6%+14.6pp | 69.3%+21.9pp |
| Annual return | 8.57% | 21.38%-12.8pp | 17.74%-9.2pp | 20.14%-11.6pp |
| Employer contribution / active EE | $755 | $1,680-55.1% | $2,370-68.1% | $2,281-66.9% |
| Participant deferral / active EE | $4,660 | $2,856+63.1% | $3,550+31.3% | $3,203+45.5% |
| Admin fee / account holder | $4,122 | $4,261-3.3% | $5,586-26.2% | $4,296-4.0% |