Filed February 3, 2021 (most recent of 2 filings on file)
Total covered: 2 employees
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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 | $101,207 | $82,133+23.2% | $147,318-31.3% | $64,097+57.9% |
| Participation rate | 49.5% | 62.3%-12.8pp | 82.1%-32.6pp | 55.2%-5.7pp |
| Annual return | 17.96% | 78.78%-60.8pp | 70.43%-52.5pp | 34.64%-16.7pp |
| Employer contribution / active EE | $1,270 | $2,872-55.8% | $4,593-72.3% | $1,891-32.8% |
| Participant deferral / active EE | $2,621 | $5,407-51.5% | $7,906-66.8% | $3,080-14.9% |
| Admin fee / account holder | $4,027 | $3,730+8.0% | $13,708-70.6% | $3,454+16.6% |