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 | $132,618 | $54,162+144.9% | $68,612+93.3% | $64,173+106.7% |
| Participation rate | 86.7% | 68.1%+18.6pp | 72.2%+14.4pp | 69.6%+17.1pp |
| Annual return | -3.86% | -1.62%-2.2pp | -4.63%+0.8pp | 7.63%-11.5pp |
| Employer contribution / active EE | $6,190 | $1,846+235.3% | $2,625+135.8% | $2,381+160.0% |
| Participant deferral / active EE | $10,515 | $2,626+300.4% | $3,311+217.6% | $3,470+203.0% |
| Admin fee / account holder | $26,746 | $4,029+563.9% | $5,131+421.2% | $4,887+447.3% |