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 | $39,175 | $103,038-62.0% | $90,324-56.6% | $152,909-74.4% |
| Participation rate | 100.0% | 75.9%+24.1pp | 73.3%+26.7pp | 82.5%+17.5pp |
| Annual return | 17.54% | 95.25%-77.7pp | 78.15%-60.6pp | 345.46%-327.9pp |
| Employer contribution / active EE | $2,902 | $3,141-7.6% | $2,856+1.6% | $4,764-39.1% |
| Participant deferral / active EE | $2,537 | $4,282-40.8% | $3,885-34.7% | $5,851-56.6% |
| Admin fee / account holder | $542 | $6,177-91.2% | $5,356-89.9% | $11,601-95.3% |