Filed August 7, 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 | $22,837 | $95,917-76.2% | $79,583-71.3% | $134,545-83.0% |
| Participation rate | 78.9% | 75.0%+3.9pp | 69.5%+9.5pp | 81.2%-2.3pp |
| Annual return | -11.92% | -2.70%-9.2pp | 0.16%-12.1pp | 418.37%-430.3pp |
| Employer contribution / active EE | $657 | $3,129-79.0% | $2,414-72.8% | $4,742-86.1% |
| Participant deferral / active EE | $3,564 | $4,694-24.1% | $3,986-10.6% | $6,401-44.3% |
| Admin fee / account holder | $594 | $9,132-93.5% | $6,835-91.3% | $11,431-94.8% |