Filed February 8, 2022
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,579 | $63,346-59.6% | $92,240-72.3% | $70,126-63.5% |
| Participation rate | 100.0% | 68.7%+31.3pp | 76.5%+23.5pp | 69.5%+30.5pp |
| Annual return | 10.05% | 530.19%-520.1pp | 176.29%-166.2pp | 73.15%-63.1pp |
| Employer contribution / active EE | $2,778 | $2,471+12.4% | $3,680-24.5% | $2,343+18.6% |
| Participant deferral / active EE | $2,288 | $2,854-19.8% | $3,897-41.3% | $3,332-31.3% |
| Admin fee / account holder | $494 | $3,841-87.1% | $5,194-90.5% | $4,645-89.4% |