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 | $69,590+91.8% | $136,867-2.5% | $94,015+42.0% |
| Participation rate | 100.0% | 66.3%+33.7pp | 74.5%+25.5pp | 70.8%+29.2pp |
| Annual return | 4.25% | 19.62%-15.4pp | 42.97%-38.7pp | 17.84%-13.6pp |
| Employer contribution / active EE | $8,830 | $2,396+268.4% | $3,547+148.9% | $2,790+216.5% |
| Participant deferral / active EE | $8,737 | $3,437+154.2% | $4,924+77.4% | $4,249+105.6% |
| Admin fee / account holder | $38,655 | $8,912+333.8% | $10,340+273.8% | $8,951+331.8% |