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 | $128,569 | $80,983+58.8% | $96,544+33.2% | $75,177+71.0% |
| Participation rate | 98.6% | 71.8%+26.9pp | 76.0%+22.7pp | 67.2%+31.4pp |
| Annual return | 30.77% | 27.05%+3.7pp | 25.88%+4.9pp | 160.75%-130.0pp |
| Employer contribution / active EE | $3,683 | $2,282+61.4% | $2,966+24.2% | $2,671+37.9% |
| Participant deferral / active EE | $9,882 | $3,929+151.5% | $4,851+103.7% | $4,126+139.5% |
| Admin fee / account holder | $29,300 | $6,717+336.2% | $8,254+255.0% | $5,651+418.5% |