Filed December 21, 2021 (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 | $14,443 | $65,125-77.8% | $143,797-90.0% | $66,949-78.4% |
| Participation rate | 98.3% | 65.2%+33.1pp | 80.3%+18.0pp | 69.8%+28.5pp |
| Annual return | -12.05% | -11.13%-0.9pp | -0.04%-12.0pp | 1.57%-13.6pp |
| Employer contribution / active EE | $4,209 | $2,362+78.2% | $4,952-15.0% | $2,545+65.4% |
| Participant deferral / active EE | $5,084 | $2,920+74.1% | $5,638-9.8% | $4,239+19.9% |
| Admin fee / account holder | $533 | $503+6.1% | $14,679-96.4% | $594-10.2% |