Filed December 8, 2023
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $349,854 | $209,336+67.1% | $197,124+77.5% | $137,256+154.9% |
| Participation rate | 88.9% | 87.3%+1.6pp | 86.7%+2.2pp | 80.0%+8.9pp |
| Annual return | 13.13% | 48.09%-35.0pp | 44.34%-31.2pp | 220.34%-207.2pp |
| Employer contribution / active EE | $9,978 | $6,591+51.4% | $6,227+60.2% | $4,156+140.1% |
| Participant deferral / active EE | $16,615 | $9,614+72.8% | $9,135+81.9% | $6,407+159.3% |
| Admin fee / account holder | $2,639 | $17,308-84.7% | $16,298-83.8% | $12,270-78.5% |