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 | $223,823+56.3% | $211,142+65.7% | $154,746+126.1% |
| Participation rate | 88.9% | 87.9%+1.0pp | 87.3%+1.6pp | 80.7%+8.2pp |
| Annual return | 13.13% | 50.39%-37.3pp | 46.84%-33.7pp | 172.34%-159.2pp |
| Employer contribution / active EE | $9,978 | $6,787+47.0% | $6,442+54.9% | $4,379+127.8% |
| Participant deferral / active EE | $16,615 | $9,750+70.4% | $9,284+79.0% | $6,730+146.9% |
| Admin fee / account holder | $2,639 | $19,707-86.6% | $19,076-86.2% | $14,365-81.6% |