Filed January 31, 2024 (most recent of 2 filings on file)
Total covered: 466 employees
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,342 | $127,796-52.0% | $76,768-20.1% | $73,367-16.4% |
| Participation rate | 89.4% | 88.2%+1.2pp | 77.0%+12.4pp | 69.5%+19.9pp |
| Annual return | -6.43% | -2.31%-4.1pp | 2.43%-8.9pp | 173.45%-179.9pp |
| Employer contribution / active EE | $2,022 | $3,931-48.6% | $2,485-18.6% | $2,499-19.1% |
| Participant deferral / active EE | $3,861 | $6,924-44.2% | $3,852+0.2% | $4,033-4.2% |
| Admin fee / account holder | $0 | $66-100.0% | $6,676-100.0% | $68-100.0% |