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 | $182,366 | $138,386+31.8% | $184,260-1.0% | $80,935+125.3% |
| Participation rate | 98.8% | 83.9%+14.9pp | 86.8%+11.9pp | 67.7%+31.1pp |
| Annual return | 10.92% | 20.02%-9.1pp | 28.84%-17.9pp | 35.66%-24.7pp |
| Employer contribution / active EE | $6,810 | $4,851+40.4% | $6,427+6.0% | $2,757+147.1% |
| Participant deferral / active EE | $7,584 | $7,076+7.2% | $9,133-17.0% | $4,299+76.4% |
| Admin fee / account holder | $32,583 | $10,489+210.6% | $13,898+134.4% | $6,924+370.6% |