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 | $13,461 | $45,045-70.1% | $63,018-78.6% | $70,126-80.8% |
| Participation rate | 100.0% | 69.5%+30.5pp | 74.8%+25.2pp | 69.5%+30.5pp |
| Annual return | 18.72% | 18.76%0pp | 87.63%-68.9pp | 73.15%-54.4pp |
| Employer contribution / active EE | $1,680 | $2,052-18.1% | $2,761-39.1% | $2,343-28.3% |
| Participant deferral / active EE | $0 | $2,466-100.0% | $3,330-100.0% | $3,332-100.0% |
| Admin fee / account holder | $763 | $2,834-73.1% | $3,601-78.8% | $4,646-83.6% |