Filed October 11, 2024 (most recent of 2 filings on file)
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Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,764 | $87,834-51.3% | $133,975-68.1% | $62,881-32.0% |
| Participation rate | 82.8% | 83.4%-0.6pp | 87.1%-4.3pp | 69.3%+13.5pp |
| Annual return | 8.37% | 12.05%-3.7pp | 29.29%-20.9pp | 20.14%-11.8pp |
| Employer contribution / active EE | $3,911 | $3,482+12.3% | $5,211-25.0% | $2,281+71.5% |
| Participant deferral / active EE | $2,039 | $4,812-57.6% | $6,282-67.5% | $3,203-36.4% |
| Admin fee / account holder | $7,876 | $5,372+46.6% | $9,324-15.5% | $4,296+83.4% |