Filed April 20, 2022
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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 | $132,920 | $76,371+74.0% | $93,621+42.0% | $72,975+82.1% |
| Participation rate | 92.9% | 71.8%+21.1pp | 75.8%+17.0pp | 69.5%+23.4pp |
| Annual return | 83.16% | 25.82%+57.3pp | 32.76%+50.4pp | 81.01%+2.1pp |
| Employer contribution / active EE | $2,988 | $2,276+31.3% | $2,719+9.9% | $2,440+22.5% |
| Participant deferral / active EE | $9,841 | $3,538+178.1% | $4,070+141.8% | $3,608+172.8% |
| Admin fee / account holder | $612 | $6,839-91.0% | $7,890-92.2% | $5,124-88.0% |