Filed December 6, 2023
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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 | $34,245 | $138,076-75.2% | $123,553-72.3% | $135,380-74.7% |
| Participation rate | 100.0% | 84.7%+15.3pp | 82.3%+17.7pp | 82.6%+17.4pp |
| Annual return | -9.30% | 153.70%-163.0pp | 119.21%-128.5pp | 519.81%-529.1pp |
| Employer contribution / active EE | $2,206 | $5,152-57.2% | $4,628-52.3% | $4,779-53.8% |
| Participant deferral / active EE | $7,537 | $6,800+10.8% | $6,426+17.3% | $5,609+34.4% |
| Admin fee / account holder | $1,249 | $10,917-88.6% | $9,284-86.5% | $10,828-88.5% |