Filed March 6, 2022
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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 | $30,017 | $77,677-61.4% | $109,173-72.5% | $79,391-62.2% |
| Participation rate | 98.6% | 67.8%+30.8pp | 75.9%+22.7pp | 70.7%+27.9pp |
| Annual return | 17.94% | 23.44%-5.5pp | 25.75%-7.8pp | 116.88%-98.9pp |
| Employer contribution / active EE | $7,450 | $2,798+166.2% | $3,723+100.1% | $2,428+206.9% |
| Participant deferral / active EE | $4,211 | $3,517+19.7% | $4,654-9.5% | $4,046+4.1% |
| Admin fee / account holder | $1,824 | $732+149.0% | $6,755-73.0% | $627+191.1% |