Filed October 18, 2023
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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 | $20,749 | $55,437-62.6% | $155,534-86.7% | $74,459-72.1% |
| Participation rate | 93.3% | 61.9%+31.4pp | 78.2%+15.1pp | 67.2%+26.1pp |
| Annual return | 20.07% | 269.58%-249.5pp | 64.92%-44.8pp | 1369.70%-1349.6pp |
| Employer contribution / active EE | $0 | $2,266-100.0% | $4,675-100.0% | $2,626-100.0% |
| Participant deferral / active EE | $4,439 | $2,837+56.4% | $5,630-21.2% | $4,350+2.0% |
| Admin fee / account holder | $2,128 | $1,742+22.1% | $15,900-86.6% | $1,945+9.4% |