Filed September 18, 2019 (most recent of 2 filings on file)
Total covered: 7 employees
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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 | $113,171 | $78,520+44.1% | $96,576+17.2% | $82,448+37.3% |
| Participation rate | 97.2% | 77.7%+19.5pp | 81.4%+15.7pp | 68.1%+29.1pp |
| Annual return | 15.17% | 41.30%-26.1pp | 38.47%-23.3pp | 41.64%-26.5pp |
| Employer contribution / active EE | $3,645 | $2,630+38.6% | $3,553+2.6% | $2,551+42.9% |
| Participant deferral / active EE | $5,492 | $6,754-18.7% | $7,956-31.0% | $4,139+32.7% |
| Admin fee / account holder | $4,030 | $13,455-70.0% | $11,381-64.6% | $7,234-44.3% |