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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,451 | $64,719-56.0% | $112,249-74.7% | $68,486-58.5% |
| Participation rate | 100.0% | 67.2%+32.8pp | 75.1%+24.9pp | 67.9%+32.1pp |
| Annual return | -14.77% | -11.40%-3.4pp | 27.48%-42.2pp | -7.85%-6.9pp |
| Employer contribution / active EE | $3,163 | $2,747+15.2% | $3,636-13.0% | $2,597+21.8% |
| Participant deferral / active EE | $3,439 | $3,565-3.5% | $4,729-27.3% | $4,028-14.6% |
| Admin fee / account holder | $2,525 | $5,232-51.7% | $6,412-60.6% | $5,404-53.3% |