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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,403 | $100,895-60.9% | $90,430-56.4% | $158,950-75.2% |
| Participation rate | 100.0% | 75.0%+25.0pp | 72.7%+27.3pp | 82.0%+18.0pp |
| Annual return | -2.77% | 1725.54%-1728.3pp | 1293.73%-1296.5pp | 302.91%-305.7pp |
| Employer contribution / active EE | $1,763 | $3,689-52.2% | $3,262-46.0% | $4,762-63.0% |
| Participant deferral / active EE | $2,285 | $4,347-47.4% | $3,963-42.3% | $5,983-61.8% |
| Admin fee / account holder | $1,343 | $6,505-79.4% | $5,613-76.1% | $11,248-88.1% |