Filed February 16, 2024 (most recent of 3 filings on file)
Total covered: 284 employees
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $97,731 | $166,268-41.2% | $165,100-40.8% | $145,897-33.0% |
| Participation rate | 52.9% | 82.0%-29.1pp | 78.6%-25.7pp | 80.3%-27.4pp |
| Annual return | 13.85% | 100.52%-86.7pp | 70.21%-56.4pp | 552.29%-538.4pp |
| Employer contribution / active EE | $1,314 | $5,284-75.1% | $4,348-69.8% | $4,663-71.8% |
| Participant deferral / active EE | $3,257 | $6,964-53.2% | $6,035-46.0% | $6,689-51.3% |
| Admin fee / account holder | $620 | $16,659-96.3% | $12,696-95.1% | $13,390-95.4% |