Filed December 29, 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 | $132,179 | $167,522-21.1% | $151,639-12.8% | $134,532-1.7% |
| Participation rate | 76.9% | 88.4%-11.5pp | 87.5%-10.6pp | 81.2%-4.3pp |
| Annual return | -13.36% | 7.81%-21.2pp | 3.34%-16.7pp | 418.27%-431.6pp |
| Employer contribution / active EE | $4,188 | $6,828-38.7% | $6,165-32.1% | $4,741-11.7% |
| Participant deferral / active EE | $10,882 | $8,986+21.1% | $8,363+30.1% | $6,401+70.0% |
| Admin fee / account holder | $351 | $13,780-97.5% | $11,613-97.0% | $11,429-96.9% |