Filed March 18, 2024
Total covered: 4 employees
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $346,250 | $157,829+119.4% | $136,867+153.0% | $198,609+74.3% |
| Participation rate | 95.8% | 77.2%+18.7pp | 74.5%+21.3pp | 82.4%+13.5pp |
| Annual return | 15.86% | 51.25%-35.4pp | 42.97%-27.1pp | 202.70%-186.8pp |
| Employer contribution / active EE | $18,707 | $3,923+376.9% | $3,547+427.4% | $5,055+270.0% |
| Participant deferral / active EE | $18,707 | $5,463+242.4% | $4,924+279.9% | $6,977+168.1% |
| Admin fee / account holder | $12,119 | $11,107+9.1% | $10,340+17.2% | $19,030-36.3% |