Filed February 16, 2024 (most recent of 3 filings on file)
Total covered: 284 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 | $57,198 | $91,511-37.5% | $130,070-56.0% | $75,184-23.9% |
| Participation rate | 100.0% | 71.5%+28.5pp | 78.5%+21.5pp | 67.2%+32.8pp |
| Annual return | 16.43% | -631.69%+648.1pp | -137.40%+153.8pp | 160.78%-144.3pp |
| Employer contribution / active EE | $1,811 | $2,845-36.3% | $4,322-58.1% | $2,671-32.2% |
| Participant deferral / active EE | $690 | $4,343-84.1% | $5,821-88.1% | $4,127-83.3% |
| Admin fee / account holder | $5,826 | $6,772-14.0% | $10,600-45.0% | $5,652+3.1% |