Filed November 7, 2024 (most recent of 3 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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,765 | $130,294-49.5% | $170,057-61.3% | $71,529-8.1% |
| Participation rate | 86.2% | 86.2%+0.1pp | 87.0%-0.8pp | 67.9%+18.3pp |
| Annual return | 16.25% | 20.36%-4.1pp | 53.42%-37.2pp | 28.97%-12.7pp |
| Employer contribution / active EE | $2,444 | $4,385-44.3% | $6,790-64.0% | $2,590-5.6% |
| Participant deferral / active EE | $4,527 | $6,928-34.6% | $10,411-56.5% | $4,291+5.5% |
| Admin fee / account holder | $4,569 | $966+372.9% | $12,826-64.4% | $1,588+187.7% |