Filed March 27, 2024 (most recent of 2 filings on file)
Total covered: 2 employees
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 | $9,990 | $40,271-75.2% | $57,357-82.6% | $59,633-83.2% |
| Participation rate | 100.0% | 69.1%+30.9pp | 75.1%+24.9pp | 68.7%+31.3pp |
| Annual return | 0.11% | 27.53%-27.4pp | 24.41%-24.3pp | 2041.47%-2041.4pp |
| Employer contribution / active EE | $1,642 | $1,922-14.6% | $2,689-38.9% | $2,203-25.5% |
| Participant deferral / active EE | $0 | $2,400-100.0% | $3,162-100.0% | $3,192-100.0% |
| Admin fee / account holder | $522 | $2,821-81.5% | $3,357-84.5% | $4,297-87.9% |