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 | $41,755 | $154,209-72.9% | $130,062-67.9% | $139,487-70.1% |
| Participation rate | 100.0% | 82.0%+18.0pp | 78.5%+21.5pp | 80.3%+19.7pp |
| Annual return | 10.39% | 32.52%-22.1pp | -137.37%+147.8pp | 373.84%-363.5pp |
| Employer contribution / active EE | $3,638 | $5,292-31.3% | $4,322-15.8% | $4,755-23.5% |
| Participant deferral / active EE | $4,243 | $6,709-36.8% | $5,821-27.1% | $6,713-36.8% |
| Admin fee / account holder | $62,058 | $13,988+343.6% | $10,601+485.4% | $11,407+444.0% |