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 | $82,392 | $102,385-19.5% | $147,080-44.0% | $80,935+1.8% |
| Participation rate | 59.3% | 75.9%-16.5pp | 82.2%-22.8pp | 67.7%-8.3pp |
| Annual return | 17.21% | 135.09%-117.9pp | 420.17%-403.0pp | 35.66%-18.4pp |
| Employer contribution / active EE | $1,520 | $3,717-59.1% | $4,933-69.2% | $2,757-44.9% |
| Participant deferral / active EE | $2,887 | $6,651-56.6% | $8,066-64.2% | $4,299-32.9% |
| Admin fee / account holder | $4,218 | $7,951-47.0% | $12,989-67.5% | $6,924-39.1% |