Filed June 7, 2024 (most recent of 2 filings on file)
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $142,689 | $138,393+3.1% | $184,256-22.6% | $80,959+76.2% |
| Participation rate | 94.2% | 83.9%+10.3pp | 86.8%+7.4pp | 67.7%+26.5pp |
| Annual return | 14.03% | 20.01%-6.0pp | 28.85%-14.8pp | 35.67%-21.6pp |
| Employer contribution / active EE | $5,526 | $4,847+14.0% | $6,427-14.0% | $2,757+100.4% |
| Participant deferral / active EE | $7,152 | $7,076+1.1% | $9,133-21.7% | $4,300+66.3% |
| Admin fee / account holder | $12,614 | $10,489+20.3% | $13,899-9.2% | $6,925+82.1% |