Filed March 17, 2022 (most recent of 3 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 | $193,908 | $102,382+89.4% | $147,005+31.9% | $80,874+139.8% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.2%+17.8pp | 67.6%+32.4pp |
| Annual return | 11.61% | 134.89%-123.3pp | 418.76%-407.2pp | 35.62%-24.0pp |
| Employer contribution / active EE | $12,252 | $3,715+229.8% | $4,934+148.3% | $2,756+344.6% |
| Participant deferral / active EE | $12,833 | $6,646+93.1% | $8,070+59.0% | $4,297+198.6% |
| Admin fee / account holder | $34,559 | $7,942+335.1% | $13,006+165.7% | $6,935+398.3% |