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.)
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 | $39,809 | $110,083-63.8% | $151,645-73.7% | $68,490-41.9% |
| Participation rate | 97.3% | 84.0%+13.3pp | 87.5%+9.8pp | 67.9%+29.4pp |
| Annual return | -13.26% | -10.12%-3.1pp | 3.34%-16.6pp | -7.85%-5.4pp |
| Employer contribution / active EE | $2,697 | $4,470-39.7% | $6,165-56.2% | $2,597+3.9% |
| Participant deferral / active EE | $3,214 | $6,526-50.8% | $8,363-61.6% | $4,028-20.2% |
| Admin fee / account holder | $5,635 | $7,718-27.0% | $11,614-51.5% | $5,403+4.3% |