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 | $95,019 | $202,342-53.0% | $172,753-45.0% | $152,909-37.9% |
| Participation rate | 100.0% | 87.1%+12.9pp | 82.6%+17.4pp | 82.5%+17.5pp |
| Annual return | -1.00% | 1029.88%-1030.9pp | 803.00%-804.0pp | 345.46%-346.5pp |
| Employer contribution / active EE | $7,566 | $5,857+29.2% | $5,144+47.1% | $4,764+58.8% |
| Participant deferral / active EE | $7,012 | $5,948+17.9% | $5,198+34.9% | $5,851+19.8% |
| Admin fee / account holder | $139,515 | $17,112+715.3% | $13,956+899.7% | $11,601+1102.6% |