Filed September 22, 2023 (most recent of 4 filings on file)
Total covered: 4 employees
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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 | $59,815 | $81,457-26.6% | $103,378-42.1% | $80,911-26.1% |
| Participation rate | 84.9% | 66.8%+18.1pp | 74.5%+10.4pp | 67.6%+17.3pp |
| Annual return | 11.63% | 25.58%-13.9pp | 24.91%-13.3pp | 35.63%-24.0pp |
| Employer contribution / active EE | $1,227 | $3,107-60.5% | $3,870-68.3% | $2,756-55.5% |
| Participant deferral / active EE | $4,329 | $3,871+11.8% | $5,058-14.4% | $4,297+0.7% |
| Admin fee / account holder | $7,070 | $6,717+5.3% | $8,401-15.8% | $6,935+2.0% |