Filed December 29, 2021
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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 | $22,822 | $88,672-74.3% | $105,223-78.3% | $82,448-72.3% |
| Participation rate | 81.1% | 67.9%+13.2pp | 75.0%+6.1pp | 68.1%+13.0pp |
| Annual return | 17.08% | 30.86%-13.8pp | 180.65%-163.6pp | 41.64%-24.6pp |
| Employer contribution / active EE | $1,543 | $3,048-49.4% | $3,689-58.2% | $2,551-39.5% |
| Participant deferral / active EE | $3,565 | $4,036-11.7% | $5,072-29.7% | $4,139-13.9% |
| Admin fee / account holder | $632 | $7,146-91.2% | $8,859-92.9% | $7,234-91.3% |