Filed October 8, 2024
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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 | $62,716 | $48,053+30.5% | $84,637-25.9% | $72,976-14.1% |
| Participation rate | 92.9% | 57.6%+35.3pp | 68.2%+24.6pp | 69.5%+23.4pp |
| Annual return | 32.98% | 37.39%-4.4pp | 258.82%-225.8pp | 81.02%-48.0pp |
| Employer contribution / active EE | $4,140 | $1,602+158.4% | $2,653+56.0% | $2,440+69.7% |
| Participant deferral / active EE | $10,332 | $2,681+285.4% | $3,900+164.9% | $3,608+186.4% |
| Admin fee / account holder | $4,802 | $3,395+41.4% | $4,914-2.3% | $5,124-6.3% |