Filed February 16, 2024 (most recent of 3 filings on file)
Total covered: 284 employees
Employer 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,811 | $142,409-65.7% | $119,628-59.2% | $134,554-63.7% |
| Participation rate | 100.0% | 82.8%+17.2pp | 79.3%+20.7pp | 81.2%+18.8pp |
| Annual return | -20.84% | -12.46%-8.4pp | -14.98%-5.9pp | 418.46%-439.3pp |
| Employer contribution / active EE | $909 | $5,224-82.6% | $4,232-78.5% | $4,742-80.8% |
| Participant deferral / active EE | $2,387 | $6,468-63.1% | $5,601-57.4% | $6,401-62.7% |
| Admin fee / account holder | $1,168 | $13,595-91.4% | $10,330-88.7% | $11,430-89.8% |