Filed February 19, 2025
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,732 | $98,760-1.0% | $149,715-34.7% | $79,858+22.4% |
| Participation rate | 97.5% | 75.8%+21.7pp | 82.5%+15.0pp | 69.6%+27.9pp |
| Annual return | 16.64% | 27.43%-10.8pp | 276.66%-260.0pp | 31.72%-15.1pp |
| Employer contribution / active EE | $6,212 | $3,217+93.1% | $4,645+33.7% | $2,471+151.4% |
| Participant deferral / active EE | $6,705 | $5,681+18.0% | $6,842-2.0% | $3,740+79.3% |
| Admin fee / account holder | $357 | $6,053-94.1% | $9,310-96.2% | $5,306-93.3% |