Filed December 10, 2024
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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 | $151,246 | $93,598+61.6% | $135,974+11.2% | $75,173+101.2% |
| Participation rate | 93.5% | 75.2%+18.4pp | 81.9%+11.6pp | 67.2%+26.3pp |
| Annual return | 20.59% | 30.89%-10.3pp | 68.30%-47.7pp | 160.72%-140.1pp |
| Employer contribution / active EE | $19,681 | $3,538+456.3% | $4,859+305.0% | $2,671+636.8% |
| Participant deferral / active EE | $12,698 | $6,405+98.2% | $7,760+63.6% | $4,126+207.7% |
| Admin fee / account holder | $37,988 | $6,978+444.4% | $10,767+252.8% | $5,651+572.3% |