Filed March 5, 2024 (most recent of 3 filings on file)
Total covered: 2 employees
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,171 | $123,793-58.7% | $177,848-71.2% | $79,856-35.9% |
| Participation rate | 98.4% | 84.7%+13.8pp | 87.7%+10.7pp | 69.6%+28.8pp |
| Annual return | 9.81% | 22.82%-13.0pp | 48.33%-38.5pp | 31.71%-21.9pp |
| Employer contribution / active EE | $2,951 | $4,095-27.9% | $5,919-50.1% | $2,471+19.4% |
| Participant deferral / active EE | $3,524 | $5,956-40.8% | $7,714-54.3% | $3,741-5.8% |
| Admin fee / account holder | $2,684 | $7,243-62.9% | $12,431-78.4% | $5,306-49.4% |