Filed March 20, 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 | $32,373 | $127,387-74.6% | $115,038-71.9% | $125,389-74.2% |
| Participation rate | 100.0% | 84.2%+15.8pp | 81.4%+18.6pp | 83.2%+16.8pp |
| Annual return | -1.50% | 31.28%-32.8pp | 26.14%-27.6pp | 282.24%-283.7pp |
| Employer contribution / active EE | $2,949 | $5,166-42.9% | $4,608-36.0% | $4,866-39.4% |
| Participant deferral / active EE | $6,661 | $6,423+3.7% | $6,026+10.5% | $5,352+24.5% |
| Admin fee / account holder | $2,961 | $9,516-68.9% | $8,175-63.8% | $9,541-69.0% |