Filed October 10, 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 | $8,496 | $49,891-83.0% | $80,607-89.5% | $75,181-88.7% |
| Participation rate | 79.6% | 55.3%+24.3pp | 67.0%+12.6pp | 67.2%+12.4pp |
| Annual return | 17.82% | 34.67%-16.8pp | 936.11%-918.3pp | 160.69%-142.9pp |
| Employer contribution / active EE | $0 | $1,698-100.0% | $2,724-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,269 | $2,991-57.6% | $4,448-71.5% | $4,126-69.2% |
| Admin fee / account holder | $379 | $3,578-89.4% | $5,379-93.0% | $5,650-93.3% |