Filed May 12, 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 | $110,329 | $48,274+128.5% | $63,244+74.4% | $59,633+85.0% |
| Participation rate | 92.0% | 66.3%+25.7pp | 71.0%+21.0pp | 68.7%+23.3pp |
| Annual return | 0.02% | -240.79%+240.8pp | -70.31%+70.3pp | 2041.45%-2041.4pp |
| Employer contribution / active EE | $6,235 | $1,586+293.0% | $2,322+168.5% | $2,203+183.1% |
| Participant deferral / active EE | $8,319 | $2,343+255.1% | $2,953+181.7% | $3,192+160.7% |
| Admin fee / account holder | $8,746 | $3,600+143.0% | $5,893+48.4% | $4,297+103.5% |