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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,742 | $60,349+45.4% | $74,184+18.3% | $62,881+39.5% |
| Participation rate | 100.0% | 72.7%+27.3pp | 76.6%+23.4pp | 69.3%+30.7pp |
| Annual return | 6.64% | 21.38%-14.7pp | 17.74%-11.1pp | 20.14%-13.5pp |
| Employer contribution / active EE | $3,454 | $1,680+105.6% | $2,370+45.7% | $2,281+51.4% |
| Participant deferral / active EE | $3,976 | $2,856+39.2% | $3,550+12.0% | $3,203+24.2% |
| Admin fee / account holder | $4,868 | $4,261+14.3% | $5,586-12.8% | $4,296+13.3% |