Filed November 6, 2023 (most recent of 2 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 | $236,687 | $93,617+152.8% | $135,982+74.1% | $75,177+214.8% |
| Participation rate | 100.0% | 75.2%+24.8pp | 81.9%+18.1pp | 67.2%+32.8pp |
| Annual return | 14.39% | 30.89%-16.5pp | 68.32%-53.9pp | 160.75%-146.4pp |
| Employer contribution / active EE | $10,286 | $3,538+190.7% | $4,859+111.7% | $2,671+285.1% |
| Participant deferral / active EE | $11,652 | $6,406+81.9% | $7,760+50.2% | $4,126+182.4% |
| Admin fee / account holder | $43,073 | $6,980+517.1% | $10,767+300.0% | $5,651+662.2% |