Filed January 16, 2025
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,932 | $157,829-49.4% | $136,867-41.6% | $198,609-59.8% |
| Participation rate | 100.0% | 77.2%+22.8pp | 74.5%+25.5pp | 82.4%+17.6pp |
| Annual return | 15.19% | 51.25%-36.1pp | 42.97%-27.8pp | 202.70%-187.5pp |
| Employer contribution / active EE | $2,741 | $3,923-30.1% | $3,547-22.7% | $5,055-45.8% |
| Participant deferral / active EE | $3,184 | $5,463-41.7% | $4,924-35.3% | $6,977-54.4% |
| Admin fee / account holder | $2,922 | $11,107-73.7% | $10,340-71.7% | $19,030-84.6% |