Filed October 28, 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 | $73,952 | $61,125+21.0% | $94,057-21.4% | $87,485-15.5% |
| Participation rate | 81.1% | 64.1%+17.1pp | 73.3%+7.8pp | 68.9%+12.2pp |
| Annual return | 15.00% | 35.20%-20.2pp | 480.62%-465.6pp | 26.06%-11.1pp |
| Employer contribution / active EE | $1,724 | $2,136-19.3% | $2,933-41.2% | $2,596-33.6% |
| Participant deferral / active EE | $3,295 | $3,260+1.1% | $4,709-30.0% | $4,274-22.9% |
| Admin fee / account holder | $5,588 | $5,629-0.7% | $7,244-22.9% | $7,775-28.1% |