Filed June 17, 2022 (most recent of 2 filings on file)
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,962 | $58,311+71.4% | $81,882+22.1% | $80,959+23.5% |
| Participation rate | 92.6% | 63.5%+29.1pp | 72.4%+20.2pp | 67.7%+24.9pp |
| Annual return | 11.55% | 41.85%-30.3pp | 779.47%-767.9pp | 35.67%-24.1pp |
| Employer contribution / active EE | $7,838 | $2,347+234.0% | $2,916+168.8% | $2,757+184.3% |
| Participant deferral / active EE | $8,170 | $3,287+148.6% | $4,323+89.0% | $4,300+90.0% |
| Admin fee / account holder | $7,269 | $4,752+53.0% | $7,360-1.2% | $6,925+5.0% |