Filed January 23, 2023
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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 | $50,781 | $166,268-69.5% | $165,100-69.2% | $145,897-65.2% |
| Participation rate | 100.0% | 82.0%+18.0pp | 78.6%+21.4pp | 80.3%+19.7pp |
| Annual return | 10.50% | 100.52%-90.0pp | 70.21%-59.7pp | 552.29%-541.8pp |
| Employer contribution / active EE | $3,031 | $5,284-42.6% | $4,348-30.3% | $4,663-35.0% |
| Participant deferral / active EE | $5,245 | $6,964-24.7% | $6,035-13.1% | $6,689-21.6% |
| Admin fee / account holder | $1,721 | $16,659-89.7% | $12,696-86.4% | $13,390-87.1% |