Filed May 20, 2025 (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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,388 | $56,894-57.1% | $84,753-71.2% | $62,881-61.2% |
| Participation rate | 89.8% | 68.5%+21.3pp | 76.6%+13.2pp | 69.3%+20.5pp |
| Annual return | 3.79% | 6.30%-2.5pp | 22.78%-19.0pp | 20.14%-16.4pp |
| Employer contribution / active EE | $0 | $2,400-100.0% | $3,574-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $3,978 | $2,709+46.9% | $3,712+7.2% | $3,203+24.2% |
| Admin fee / account holder | $3,030 | $3,581-15.4% | $5,333-43.2% | $4,296-29.5% |