Filed February 7, 2023
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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 | $109,078 | $58,828+85.4% | $78,002+39.8% | $62,881+73.5% |
| Participation rate | 100.0% | 71.1%+28.9pp | 75.5%+24.5pp | 69.3%+30.7pp |
| Annual return | 9.57% | 17.16%-7.6pp | 425.99%-416.4pp | 20.14%-10.6pp |
| Employer contribution / active EE | $4,735 | $1,672+183.2% | $2,470+91.7% | $2,281+107.6% |
| Participant deferral / active EE | $8,177 | $2,686+204.5% | $3,497+133.8% | $3,203+155.3% |
| Admin fee / account holder | $7,119 | $4,393+62.0% | $5,481+29.9% | $4,296+65.7% |