Filed September 30, 2022 (most recent of 3 filings on file)
Total covered: 3 employees
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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 | $167,515 | $109,359+53.2% | $162,185+3.3% | $72,976+129.5% |
| Participation rate | 91.3% | 84.3%+7.1pp | 87.6%+3.8pp | 69.5%+21.8pp |
| Annual return | 12.15% | 25.46%-13.3pp | 115.61%-103.5pp | 81.02%-68.9pp |
| Employer contribution / active EE | $5,933 | $3,907+51.8% | $5,613+5.7% | $2,440+143.1% |
| Participant deferral / active EE | $6,274 | $5,481+14.5% | $7,297-14.0% | $3,608+73.9% |
| Admin fee / account holder | $4,616 | $7,972-42.1% | $10,844-57.4% | $5,124-9.9% |