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 | $169,636 | $137,414+23.4% | $189,545-10.5% | $85,851+97.6% |
| Participation rate | 93.1% | 84.6%+8.4pp | 87.8%+5.3pp | 69.3%+23.7pp |
| Annual return | 10.14% | 38.14%-28.0pp | 555.36%-545.2pp | 318.63%-308.5pp |
| Employer contribution / active EE | $4,119 | $4,344-5.2% | $6,162-33.2% | $2,565+60.6% |
| Participant deferral / active EE | $7,783 | $6,260+24.3% | $8,220-5.3% | $3,952+96.9% |
| Admin fee / account holder | $19,408 | $8,630+124.9% | $12,049+61.1% | $6,261+210.0% |