Filed May 1, 2024 (most recent of 3 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.)
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 | $84,525 | $98,776-14.4% | $149,745-43.6% | $79,856+5.8% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.5%+17.5pp | 69.6%+30.4pp |
| Annual return | 15.63% | 27.38%-11.7pp | 276.72%-261.1pp | 31.71%-16.1pp |
| Employer contribution / active EE | $3,797 | $3,217+18.0% | $4,646-18.3% | $2,471+53.6% |
| Participant deferral / active EE | $8,986 | $5,681+58.2% | $6,843+31.3% | $3,741+140.2% |
| Admin fee / account holder | $9,353 | $6,053+54.5% | $9,312+0.4% | $5,306+76.3% |