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 | $128,764 | $49,897+158.1% | $80,648+59.7% | $75,177+71.3% |
| Participation rate | 84.1% | 55.3%+28.8pp | 67.0%+17.1pp | 67.2%+16.9pp |
| Annual return | 46.62% | 34.68%+11.9pp | 937.21%-890.6pp | 160.75%-114.1pp |
| Employer contribution / active EE | $4,424 | $1,699+160.4% | $2,724+62.4% | $2,671+65.6% |
| Participant deferral / active EE | $12,484 | $2,992+317.3% | $4,443+181.0% | $4,126+202.5% |
| Admin fee / account holder | $1,175 | $3,579-67.2% | $5,382-78.2% | $5,651-79.2% |