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 | $187,173 | $73,009+156.4% | $90,760+106.2% | $68,486+173.3% |
| Participation rate | 84.8% | 70.8%+14.0pp | 75.7%+9.2pp | 67.9%+17.0pp |
| Annual return | -15.75% | -13.81%-1.9pp | -12.16%-3.6pp | -7.85%-7.9pp |
| Employer contribution / active EE | $9,447 | $2,193+330.9% | $2,922+223.3% | $2,597+263.8% |
| Participant deferral / active EE | $9,759 | $3,626+169.1% | $4,565+113.8% | $4,028+142.3% |
| Admin fee / account holder | $4,295 | $5,896-27.1% | $8,444-49.1% | $5,404-20.5% |