Filed November 30, 2021 (most recent of 2 filings on file)
Total covered: 50 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 | $92,240 | $80,781+14.2% | $102,437-10.0% | $74,478+23.8% |
| Participation rate | 67.5% | 65.7%+1.8pp | 74.5%-7.0pp | 67.2%+0.3pp |
| Annual return | 11.48% | 27.58%-16.1pp | 24.95%-13.5pp | 1370.56%-1359.1pp |
| Employer contribution / active EE | $812 | $3,160-74.3% | $3,871-79.0% | $2,626-69.1% |
| Participant deferral / active EE | $8,361 | $3,862+116.5% | $5,060+65.2% | $4,350+92.2% |
| Admin fee / account holder | $5,106 | $2,372+115.2% | $8,388-39.1% | $1,946+162.4% |