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 | $112,472 | $71,873+56.5% | $86,698+29.7% | $68,490+64.2% |
| Participation rate | 100.0% | 72.2%+27.8pp | 76.6%+23.4pp | 67.9%+32.1pp |
| Annual return | -17.26% | 3.54%-20.8pp | 35.96%-53.2pp | -7.85%-9.4pp |
| Employer contribution / active EE | $3,530 | $2,173+62.4% | $2,837+24.4% | $2,597+36.0% |
| Participant deferral / active EE | $9,385 | $3,779+148.3% | $4,656+101.6% | $4,028+133.0% |
| Admin fee / account holder | $5,343 | $6,110-12.6% | $7,492-28.7% | $5,403-1.1% |