Filed January 22, 2024 (most recent of 2 filings on file)
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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 | $81,614 | $56,197+45.2% | $67,652+20.6% | $59,633+36.9% |
| Participation rate | 100.0% | 71.5%+28.5pp | 75.7%+24.3pp | 68.7%+31.3pp |
| Annual return | -3.12% | 18508.10%-18511.2pp | 6625.40%-6628.5pp | 2041.45%-2044.6pp |
| Employer contribution / active EE | $3,137 | $1,615+94.3% | $2,266+38.5% | $2,203+42.4% |
| Participant deferral / active EE | $3,499 | $2,844+23.1% | $3,560-1.7% | $3,192+9.6% |
| Admin fee / account holder | $7,190 | $3,958+81.7% | $4,821+49.1% | $4,297+67.3% |