Filed March 15, 2024 (most recent of 4 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 | $222,771 | $85,171+161.6% | $172,753+29.0% | $72,976+205.3% |
| Participation rate | 80.6% | 70.1%+10.5pp | 82.6%-2.1pp | 69.5%+11.1pp |
| Annual return | 12.69% | 27.32%-14.6pp | 803.00%-790.3pp | 81.02%-68.3pp |
| Employer contribution / active EE | $10,647 | $3,324+220.3% | $5,144+107.0% | $2,440+336.4% |
| Participant deferral / active EE | $8,017 | $3,260+145.9% | $5,198+54.2% | $3,608+122.2% |
| Admin fee / account holder | $8,321 | $5,880+41.5% | $13,956-40.4% | $5,124+62.4% |