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 | $114,651 | $176,794-35.2% | $146,647-21.8% | $167,553-31.6% |
| Participation rate | 90.9% | 83.6%+7.3pp | 80.1%+10.8pp | 82.1%+8.8pp |
| Annual return | 10.16% | 24.04%-13.9pp | 22.75%-12.6pp | 478.89%-468.7pp |
| Employer contribution / active EE | $2,788 | $5,161-46.0% | $4,137-32.6% | $4,840-42.4% |
| Participant deferral / active EE | $4,918 | $6,440-23.6% | $5,506-10.7% | $6,343-22.5% |
| Admin fee / account holder | $1,224 | $13,262-90.8% | $10,281-88.1% | $12,316-90.1% |