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 | $51,232 | $100,060-48.8% | $149,721-65.8% | $70,126-26.9% |
| Participation rate | 80.0% | 83.6%-3.6pp | 87.1%-7.1pp | 69.5%+10.5pp |
| Annual return | 17.10% | 27.46%-10.4pp | 1501.67%-1484.6pp | 73.15%-56.0pp |
| Employer contribution / active EE | $4,325 | $3,661+18.1% | $5,444-20.6% | $2,343+84.6% |
| Participant deferral / active EE | $2,279 | $4,982-54.3% | $6,568-65.3% | $3,332-31.6% |
| Admin fee / account holder | $5,471 | $8,285-34.0% | $11,282-51.5% | $4,645+17.8% |