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 | $227,878 | $79,955+185.0% | $98,461+131.4% | $75,173+203.1% |
| Participation rate | 91.2% | 70.4%+20.8pp | 75.2%+16.0pp | 67.2%+24.0pp |
| Annual return | 25.08% | 19.75%+5.3pp | 21.17%+3.9pp | 160.72%-135.6pp |
| Employer contribution / active EE | $8,989 | $2,264+297.0% | $3,049+194.8% | $2,671+236.5% |
| Participant deferral / active EE | $10,556 | $3,752+181.3% | $4,738+122.8% | $4,126+155.8% |
| Admin fee / account holder | $11,696 | $6,841+71.0% | $8,961+30.5% | $5,651+107.0% |