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 | $166,242-69.5% | $165,071-69.2% | $145,884-65.2% |
| Participation rate | 100.0% | 82.0%+18.0pp | 78.6%+21.4pp | 80.3%+19.7pp |
| Annual return | 10.50% | 100.44%-89.9pp | 70.17%-59.7pp | 551.85%-541.3pp |
| Employer contribution / active EE | $3,031 | $5,283-42.6% | $4,347-30.3% | $4,662-35.0% |
| Participant deferral / active EE | $5,245 | $6,964-24.7% | $6,035-13.1% | $6,690-21.6% |
| Admin fee / account holder | $1,721 | $16,658-89.7% | $12,695-86.4% | $13,392-87.1% |