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 | $481,630 | $184,000+161.8% | $162,185+197.0% | $152,909+215.0% |
| Participation rate | 90.0% | 88.5%+1.5pp | 87.6%+2.4pp | 82.5%+7.5pp |
| Annual return | 19.38% | 150.80%-131.4pp | 115.61%-96.2pp | 345.46%-326.1pp |
| Employer contribution / active EE | $6,510 | $6,370+2.2% | $5,613+16.0% | $4,764+36.7% |
| Participant deferral / active EE | $10,595 | $8,033+31.9% | $7,297+45.2% | $5,851+81.1% |
| Admin fee / account holder | $5,505 | $13,124-58.1% | $10,844-49.2% | $11,601-52.5% |