Filed August 31, 2023 (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 | $49,052 | $72,404-32.3% | $110,243-55.5% | $64,173-23.6% |
| Participation rate | 100.0% | 73.3%+26.7pp | 79.8%+20.2pp | 69.6%+30.4pp |
| Annual return | -6.52% | -6.29%-0.2pp | 314.76%-321.3pp | 7.63%-14.2pp |
| Employer contribution / active EE | $4,298 | $2,282+88.4% | $3,827+12.3% | $2,381+80.5% |
| Participant deferral / active EE | $5,007 | $3,469+44.3% | $4,672+7.2% | $3,470+44.3% |
| Admin fee / account holder | $9,060 | $5,664+59.9% | $8,548+6.0% | $4,887+85.4% |