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 | $125,970 | $106,008+18.8% | $92,240+36.6% | $147,586-14.6% |
| Participation rate | 88.9% | 80.4%+8.5pp | 76.5%+12.4pp | 82.8%+6.1pp |
| Annual return | 17.02% | 50.05%-33.0pp | 176.29%-159.3pp | 578.59%-561.6pp |
| Employer contribution / active EE | $8,665 | $4,333+100.0% | $3,680+135.5% | $4,876+77.7% |
| Participant deferral / active EE | $10,328 | $4,478+130.6% | $3,897+165.0% | $5,439+89.9% |
| Admin fee / account holder | $607 | $6,333-90.4% | $5,194-88.3% | $10,886-94.4% |