Filed October 15, 2024 (most recent of 3 filings on file)
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $214,210 | $105,869+102.3% | $90,767+136.0% | $134,554+59.2% |
| Participation rate | 100.0% | 78.3%+21.7pp | 75.7%+24.3pp | 81.2%+18.8pp |
| Annual return | 0.00% | -10.99%+11.0pp | -12.16%+12.2pp | 418.46%-418.5pp |
| Employer contribution / active EE | $18,780 | $3,464+442.1% | $2,922+542.7% | $4,742+296.1% |
| Participant deferral / active EE | $210 | $5,217-96.0% | $4,565-95.4% | $6,401-96.7% |
| Admin fee / account holder | $4,479 | $13,937-67.9% | $8,445-47.0% | $11,430-60.8% |