Filed February 14, 2024 (most recent of 4 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 | $170,758 | $172,111-0.8% | $150,298+13.6% | $137,256+24.4% |
| Participation rate | 100.0% | 81.7%+18.3pp | 77.8%+22.2pp | 80.0%+20.0pp |
| Annual return | 10.35% | 69.37%-59.0pp | 62.79%-52.4pp | 220.34%-210.0pp |
| Employer contribution / active EE | $4,778 | $4,636+3.1% | $4,154+15.0% | $4,156+15.0% |
| Participant deferral / active EE | $7,544 | $6,166+22.4% | $5,453+38.4% | $6,407+17.8% |
| Admin fee / account holder | $29,047 | $16,471+76.4% | $14,116+105.8% | $12,270+136.7% |