Filed January 18, 2024
Total covered: 2 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 | $68,676 | $106,005-35.2% | $92,239-25.5% | $147,585-53.5% |
| Participation rate | 91.7% | 80.4%+11.3pp | 76.5%+15.2pp | 82.8%+8.8pp |
| Annual return | 28.41% | 50.05%-21.6pp | 176.29%-147.9pp | 578.58%-550.2pp |
| Employer contribution / active EE | $2,763 | $4,333-36.2% | $3,680-24.9% | $4,876-43.3% |
| Participant deferral / active EE | $8,050 | $4,478+79.8% | $3,897+106.6% | $5,439+48.0% |
| Admin fee / account holder | $22,632 | $6,333+257.4% | $5,194+335.7% | $10,886+107.9% |