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 | $199,265 | $87,733+127.1% | $106,551+87.0% | $85,856+132.1% |
| Participation rate | 96.9% | 71.9%+24.9pp | 76.1%+20.7pp | 69.3%+27.6pp |
| Annual return | 21.32% | 21.86%-0.5pp | 26.80%-5.5pp | 318.58%-297.3pp |
| Employer contribution / active EE | $9,695 | $2,073+367.7% | $2,819+243.9% | $2,565+277.9% |
| Participant deferral / active EE | $10,459 | $3,469+201.5% | $4,398+137.8% | $3,952+164.6% |
| Admin fee / account holder | $6,027 | $6,767-10.9% | $7,408-18.6% | $6,261-3.7% |