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 | $209,698 | $77,920+169.1% | $149,723+40.1% | $75,177+178.9% |
| Participation rate | 91.4% | 65.6%+25.8pp | 78.8%+12.6pp | 67.2%+24.2pp |
| Annual return | 12.35% | 31.72%-19.4pp | 134.50%-122.1pp | 160.75%-148.4pp |
| Employer contribution / active EE | $12,806 | $3,138+308.1% | $4,821+165.6% | $2,671+379.4% |
| Participant deferral / active EE | $10,232 | $3,411+199.9% | $5,682+80.1% | $4,126+148.0% |
| Admin fee / account holder | $7,907 | $5,951+32.9% | $13,215-40.2% | $5,651+39.9% |