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 | $88,360-18.4% | $145,433-50.4% | $67,986+6.1% |
| Participation rate | 77.8% | 65.5%+12.3pp | 82.1%-4.3pp | 57.2%+20.6pp |
| Annual return | 21.12% | 63.15%-42.0pp | 66.58%-45.5pp | 31.67%-10.5pp |
| Employer contribution / active EE | $4,499 | $3,054+47.3% | $4,554-1.2% | $2,019+122.9% |
| Participant deferral / active EE | $5,660 | $5,932-4.6% | $7,897-28.3% | $3,358+68.6% |
| Admin fee / account holder | $4,930 | $3,313+48.8% | $13,129-62.4% | $3,203+53.9% |