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 | $102,429+89.3% | $147,096+31.8% | $80,925+139.6% |
| Participation rate | 100.0% | 75.9%+24.1pp | 82.2%+17.8pp | 67.7%+32.3pp |
| Annual return | 11.61% | 135.02%-123.4pp | 419.75%-408.1pp | 35.65%-24.0pp |
| Employer contribution / active EE | $12,252 | $3,716+229.7% | $4,936+148.2% | $2,756+344.5% |
| Participant deferral / active EE | $12,833 | $6,649+93.0% | $8,071+59.0% | $4,299+198.5% |
| Admin fee / account holder | $34,559 | $7,957+334.3% | $13,005+165.7% | $6,940+398.0% |