Filed January 10, 2025
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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 | $67,354 | $106,864-37.0% | $147,318-54.3% | $82,637-18.5% |
| Participation rate | 74.1% | 75.5%-1.4pp | 82.1%-7.9pp | 68.1%+6.1pp |
| Annual return | 15.58% | 27.49%-11.9pp | 70.43%-54.9pp | 53.51%-37.9pp |
| Employer contribution / active EE | $5,801 | $3,417+69.8% | $4,593+26.3% | $2,552+127.3% |
| Participant deferral / active EE | $11,092 | $6,496+70.8% | $7,906+40.3% | $4,126+168.8% |
| Admin fee / account holder | $11,521 | $8,415+36.9% | $13,708-16.0% | $7,339+57.0% |