Filed November 5, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,233 | $123,793-21.5% | $177,848-45.3% | $79,856+21.8% |
| Participation rate | 91.4% | 84.7%+6.7pp | 87.7%+3.7pp | 69.6%+21.7pp |
| Annual return | 3.41% | 22.82%-19.4pp | 48.33%-44.9pp | 31.71%-28.3pp |
| Employer contribution / active EE | $7,887 | $4,095+92.6% | $5,919+33.3% | $2,471+219.2% |
| Participant deferral / active EE | $4,264 | $5,956-28.4% | $7,714-44.7% | $3,741+14.0% |
| Admin fee / account holder | $2,357 | $7,243-67.5% | $12,431-81.0% | $5,306-55.6% |