Filed January 17, 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 | $73,017 | $160,040-54.4% | $147,096-50.4% | $145,877-49.9% |
| Participation rate | 84.6% | 84.0%+0.6pp | 82.2%+2.4pp | 80.3%+4.3pp |
| Annual return | 14.57% | 98.49%-83.9pp | 419.75%-405.2pp | 551.28%-536.7pp |
| Employer contribution / active EE | $3,303 | $5,289-37.6% | $4,936-33.1% | $4,663-29.2% |
| Participant deferral / active EE | $11,210 | $8,429+33.0% | $8,071+38.9% | $6,691+67.6% |
| Admin fee / account holder | $566 | $15,050-96.2% | $13,005-95.6% | $13,402-95.8% |