Filed May 29, 2024
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Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $5,909 | $57,103-89.7% | $87,502-93.2% | $57,658-89.8% |
| Participation rate | 99.7% | 64.3%+35.4pp | 73.8%+25.9pp | 70.2%+29.5pp |
| Annual return | 7.25% | 12.71%-5.5pp | 12.21%-5.0pp | 5.13%+2.1pp |
| Employer contribution / active EE | $1,447 | $1,107+30.7% | $2,550-43.2% | $1,974-26.7% |
| Participant deferral / active EE | $0 | $2,250-100.0% | $3,149-100.0% | $3,061-100.0% |
| Admin fee / account holder | $28 | $281-90.1% | $4,221-99.3% | $95-70.7% |