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 | $293,495 | $201,370+45.7% | $184,256+59.3% | $145,897+101.2% |
| Participation rate | 88.9% | 87.5%+1.4pp | 86.8%+2.1pp | 80.3%+8.6pp |
| Annual return | 10.63% | 29.05%-18.4pp | 28.85%-18.2pp | 552.29%-541.7pp |
| Employer contribution / active EE | $10,176 | $7,024+44.9% | $6,427+58.3% | $4,663+118.3% |
| Participant deferral / active EE | $15,507 | $9,808+58.1% | $9,133+69.8% | $6,689+131.8% |
| Admin fee / account holder | $113,086 | $16,364+591.1% | $13,899+713.6% | $13,390+744.5% |