Filed February 13, 2024 (most recent of 4 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 | $246,168 | $76,407+222.2% | $150,298+63.8% | $82,448+198.6% |
| Participation rate | 88.5% | 66.4%+22.1pp | 77.8%+10.7pp | 68.1%+20.4pp |
| Annual return | 12.83% | 39.99%-27.2pp | 62.79%-50.0pp | 41.64%-28.8pp |
| Employer contribution / active EE | $6,730 | $2,614+157.4% | $4,154+62.0% | $2,551+163.8% |
| Participant deferral / active EE | $9,471 | $3,214+194.7% | $5,453+73.7% | $4,139+128.8% |
| Admin fee / account holder | $11,604 | $6,352+82.7% | $14,116-17.8% | $7,234+60.4% |