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 | $559,259 | $197,637+183.0% | $177,848+214.5% | $158,982+251.8% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.7%+12.3pp | 82.0%+18.0pp |
| Annual return | 13.91% | 58.77%-44.9pp | 48.33%-34.4pp | 302.99%-289.1pp |
| Employer contribution / active EE | $7,272 | $6,698+8.6% | $5,919+22.9% | $4,763+52.7% |
| Participant deferral / active EE | $9,051 | $8,405+7.7% | $7,714+17.3% | $5,983+51.3% |
| Admin fee / account holder | $1,054 | $15,406-93.2% | $12,431-91.5% | $11,252-90.6% |