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 | $194,908 | $98,776+97.3% | $149,745+30.2% | $79,856+144.1% |
| Participation rate | 98.6% | 75.8%+22.8pp | 82.5%+16.1pp | 69.6%+29.0pp |
| Annual return | 11.77% | 27.38%-15.6pp | 276.72%-264.9pp | 31.71%-19.9pp |
| Employer contribution / active EE | $12,430 | $3,217+286.4% | $4,646+167.6% | $2,471+403.0% |
| Participant deferral / active EE | $10,258 | $5,681+80.6% | $6,843+49.9% | $3,741+174.2% |
| Admin fee / account holder | $14,108 | $6,053+133.1% | $9,312+51.5% | $5,306+165.9% |