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 | $195,256 | $183,516+6.4% | $155,534+25.5% | $145,884+33.8% |
| Participation rate | 95.8% | 82.7%+13.1pp | 78.2%+17.6pp | 80.3%+15.5pp |
| Annual return | 8.30% | 61.43%-53.1pp | 64.92%-56.6pp | 551.85%-543.5pp |
| Employer contribution / active EE | $7,581 | $5,315+42.6% | $4,675+62.2% | $4,662+62.6% |
| Participant deferral / active EE | $10,290 | $6,467+59.1% | $5,630+82.8% | $6,690+53.8% |
| Admin fee / account holder | $59,385 | $19,293+207.8% | $15,900+273.5% | $13,392+343.4% |