Filed December 4, 2024
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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 | $70,212 | $111,814-37.2% | $103,378-32.1% | $145,978-51.9% |
| Participation rate | 100.0% | 77.9%+22.1pp | 74.5%+25.5pp | 80.3%+19.7pp |
| Annual return | 16.44% | 24.80%-8.4pp | 24.91%-8.5pp | 550.52%-534.1pp |
| Employer contribution / active EE | $4,350 | $4,215+3.2% | $3,870+12.4% | $4,662-6.7% |
| Participant deferral / active EE | $3,617 | $5,618-35.6% | $5,058-28.5% | $6,690-45.9% |
| Admin fee / account holder | $723 | $9,764-92.6% | $8,401-91.4% | $13,400-94.6% |