Filed February 12, 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 | $92,909 | $46,877+98.2% | $122,354-24.1% | $70,126+32.5% |
| Participation rate | 100.0% | 58.2%+41.8pp | 71.6%+28.4pp | 69.5%+30.5pp |
| Annual return | 19.13% | 24.22%-5.1pp | 30.28%-11.1pp | 73.15%-54.0pp |
| Employer contribution / active EE | $4,752 | $1,288+268.8% | $4,051+17.3% | $2,343+102.9% |
| Participant deferral / active EE | $4,964 | $2,167+129.0% | $3,287+51.0% | $3,332+49.0% |
| Admin fee / account holder | $2,100 | $3,324-36.8% | $5,479-61.7% | $4,645-54.8% |