Filed May 10, 2023
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,899 | $167,522-69.0% | $151,639-65.8% | $134,532-61.4% |
| Participation rate | 95.8% | 88.4%+7.5pp | 87.5%+8.3pp | 81.2%+14.6pp |
| Annual return | -20.81% | 7.81%-28.6pp | 3.34%-24.2pp | 418.27%-439.1pp |
| Employer contribution / active EE | $3,686 | $6,828-46.0% | $6,165-40.2% | $4,741-22.2% |
| Participant deferral / active EE | $9,200 | $8,986+2.4% | $8,363+10.0% | $6,401+43.7% |
| Admin fee / account holder | $2,379 | $13,780-82.7% | $11,613-79.5% | $11,429-79.2% |