Filed December 20, 2024
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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 | $89,386 | $99,345-10.0% | $84,753+5.5% | $273,972-67.4% |
| Participation rate | 88.9% | 80.7%+8.2pp | 76.6%+12.3pp | 83.0%+5.9pp |
| Annual return | 11.88% | 22.93%-11.0pp | 22.78%-10.9pp | 41.46%-29.6pp |
| Employer contribution / active EE | $9,758 | $4,214+131.6% | $3,574+173.0% | $4,869+100.4% |
| Participant deferral / active EE | $18,893 | $4,270+342.5% | $3,712+409.0% | $5,287+257.3% |
| Admin fee / account holder | $500 | $6,645-92.5% | $5,333-90.6% | $10,133-95.1% |