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.)
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 | $154,194 | $85,766+79.8% | $136,298+13.1% | $70,126+119.9% |
| Participation rate | 96.3% | 74.2%+22.1pp | 81.9%+14.3pp | 69.5%+26.7pp |
| Annual return | 16.38% | 31.46%-15.1pp | 5156.27%-5139.9pp | 73.15%-56.8pp |
| Employer contribution / active EE | $11,412 | $2,966+284.7% | $4,696+143.0% | $2,343+387.2% |
| Participant deferral / active EE | $8,859 | $5,051+75.4% | $6,247+41.8% | $3,332+165.9% |
| Admin fee / account holder | $1,957 | $5,421-63.9% | $9,244-78.8% | $4,645-57.9% |