Filed December 23, 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 | $133,476 | $61,125+118.4% | $94,057+41.9% | $87,485+52.6% |
| Participation rate | 100.0% | 64.1%+35.9pp | 73.3%+26.7pp | 68.9%+31.1pp |
| Annual return | 4.25% | 35.20%-30.9pp | 480.62%-476.4pp | 26.06%-21.8pp |
| Employer contribution / active EE | $8,830 | $2,136+313.3% | $2,933+201.0% | $2,596+240.1% |
| Participant deferral / active EE | $8,737 | $3,260+168.0% | $4,709+85.5% | $4,274+104.4% |
| Admin fee / account holder | $38,655 | $5,629+586.8% | $7,244+433.6% | $7,775+397.2% |