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 | $157,320 | $152,619+3.1% | $125,195+25.7% | $152,909+2.9% |
| Participation rate | 87.5% | 83.3%+4.2pp | 79.8%+7.7pp | 82.5%+5.0pp |
| Annual return | 18.59% | 54.85%-36.3pp | 43.79%-25.2pp | 345.46%-326.9pp |
| Employer contribution / active EE | $0 | $4,947-100.0% | $3,866-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $7,512 | $5,869+28.0% | $4,937+52.1% | $5,851+28.4% |
| Admin fee / account holder | $1,154 | $13,437-91.4% | $9,704-88.1% | $11,601-90.1% |