Filed March 5, 2024 (most recent of 3 filings on file)
Total covered: 2 employees
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Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $36,794 | $82,028-55.1% | $123,105-70.1% | $59,633-38.3% |
| Participation rate | 100.0% | 83.2%+16.8pp | 86.8%+13.2pp | 68.7%+31.3pp |
| Annual return | -0.63% | 5.12%-5.7pp | 13.22%-13.8pp | 2041.45%-2042.1pp |
| Employer contribution / active EE | $2,431 | $3,297-26.3% | $5,151-52.8% | $2,203+10.4% |
| Participant deferral / active EE | $2,054 | $4,667-56.0% | $6,229-67.0% | $3,192-35.6% |
| Admin fee / account holder | $1,806 | $5,879-69.3% | $9,014-80.0% | $4,297-58.0% |