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 | $30,945 | $73,955-58.2% | $96,520-67.9% | $75,181-58.8% |
| Participation rate | 100.0% | 66.4%+33.6pp | 74.3%+25.7pp | 67.2%+32.8pp |
| Annual return | 11.10% | 26.72%-15.6pp | 35.72%-24.6pp | 160.69%-149.6pp |
| Employer contribution / active EE | $4,117 | $2,930+40.5% | $3,739+10.1% | $2,671+54.1% |
| Participant deferral / active EE | $3,645 | $3,659-0.4% | $4,879-25.3% | $4,126-11.7% |
| Admin fee / account holder | $1,790 | $5,217-65.7% | $6,733-73.4% | $5,650-68.3% |