Filed December 13, 2022 (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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,995 | $87,834-39.7% | $133,975-60.4% | $62,881-15.7% |
| Participation rate | 100.0% | 83.4%+16.6pp | 87.1%+12.9pp | 69.3%+30.7pp |
| Annual return | 11.66% | 12.05%-0.4pp | 29.29%-17.6pp | 20.14%-8.5pp |
| Employer contribution / active EE | $6,547 | $3,482+88.0% | $5,211+25.6% | $2,281+187.0% |
| Participant deferral / active EE | $9,565 | $4,812+98.8% | $6,282+52.3% | $3,203+198.6% |
| Admin fee / account holder | $1,372 | $5,372-74.5% | $9,324-85.3% | $4,296-68.1% |