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 | $92,379 | $137,414-32.8% | $189,545-51.3% | $85,851+7.6% |
| Participation rate | 89.8% | 84.6%+5.2pp | 87.8%+2.0pp | 69.3%+20.5pp |
| Annual return | 10.83% | 38.14%-27.3pp | 555.36%-544.5pp | 318.63%-307.8pp |
| Employer contribution / active EE | $6,174 | $4,344+42.1% | $6,162+0.2% | $2,565+140.6% |
| Participant deferral / active EE | $4,952 | $6,260-20.9% | $8,220-39.8% | $3,952+25.3% |
| Admin fee / account holder | $12,160 | $8,630+40.9% | $12,049+0.9% | $6,261+94.2% |