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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,548 | $87,834+6.5% | $133,975-30.2% | $62,881+48.8% |
| Participation rate | 95.8% | 83.4%+12.5pp | 87.1%+8.8pp | 69.3%+26.5pp |
| Annual return | 6.98% | 12.05%-5.1pp | 29.29%-22.3pp | 20.14%-13.2pp |
| Employer contribution / active EE | $4,323 | $3,482+24.1% | $5,211-17.0% | $2,281+89.5% |
| Participant deferral / active EE | $4,925 | $4,812+2.4% | $6,282-21.6% | $3,203+53.8% |
| Admin fee / account holder | $5,625 | $5,372+4.7% | $9,324-39.7% | $4,296+30.9% |