Filed August 19, 2021
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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 | $72,144 | $90,107-19.9% | $182,262-60.4% | $69,733+3.5% |
| Participation rate | 77.8% | 64.8%+12.9pp | 84.2%-6.4pp | 62.5%+15.3pp |
| Annual return | 21.12% | 95.58%-74.5pp | 140.60%-119.5pp | 15.22%+5.9pp |
| Employer contribution / active EE | $4,499 | $3,043+47.8% | $5,046-10.8% | $2,250+99.9% |
| Participant deferral / active EE | $5,660 | $5,135+10.2% | $8,276-31.6% | $3,054+85.3% |
| Admin fee / account holder | $4,930 | $3,377+46.0% | $16,712-70.5% | $3,102+58.9% |