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 | $127,940 | $96,956+32.0% | $69,779+83.3% | $273,972-53.3% |
| Participation rate | 91.7% | 77.1%+14.6pp | 71.8%+19.8pp | 83.0%+8.7pp |
| Annual return | 7.42% | 12.93%-5.5pp | 12.99%-5.6pp | 41.46%-34.0pp |
| Employer contribution / active EE | $6,477 | $3,316+95.3% | $2,338+177.0% | $4,869+33.0% |
| Participant deferral / active EE | $9,671 | $3,744+158.3% | $2,931+230.0% | $5,287+82.9% |
| Admin fee / account holder | $1,326 | $7,934-83.3% | $4,381-69.7% | $10,133-86.9% |