Filed January 3, 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 | $125,291 | $160,028-21.7% | $147,080-14.8% | $145,884-14.1% |
| Participation rate | 90.5% | 84.0%+6.5pp | 82.2%+8.3pp | 80.3%+10.2pp |
| Annual return | 27.66% | 98.60%-70.9pp | 420.17%-392.5pp | 551.85%-524.2pp |
| Employer contribution / active EE | $11,942 | $5,286+125.9% | $4,933+142.1% | $4,662+156.1% |
| Participant deferral / active EE | $11,492 | $8,422+36.5% | $8,066+42.5% | $6,690+71.8% |
| Admin fee / account holder | $7,717 | $15,030-48.7% | $12,989-40.6% | $13,392-42.4% |