Filed February 7, 2025
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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 | $151,686 | $62,177+144.0% | $81,370+86.4% | $74,478+103.7% |
| Participation rate | 74.5% | 64.1%+10.5pp | 69.5%+5.0pp | 67.2%+7.3pp |
| Annual return | 7.14% | 16.62%-9.5pp | 24.85%-17.7pp | 1370.56%-1363.4pp |
| Employer contribution / active EE | $3,199 | $1,881+70.1% | $2,464+29.8% | $2,626+21.8% |
| Participant deferral / active EE | $6,894 | $3,219+114.2% | $3,885+77.5% | $4,350+58.5% |
| Admin fee / account holder | $7,252 | $1,927+276.4% | $5,749+26.1% | $1,946+272.7% |