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 | $32,800 | $111,785-70.7% | $93,669-65.0% | $145,877-77.5% |
| Participation rate | 73.7% | 74.2%-0.5pp | 68.7%+5.0pp | 80.3%-6.6pp |
| Annual return | 8.53% | 203.79%-195.3pp | 133.59%-125.1pp | 551.28%-542.8pp |
| Employer contribution / active EE | $789 | $3,096-74.5% | $2,424-67.4% | $4,663-83.1% |
| Participant deferral / active EE | $4,311 | $4,919-12.4% | $4,416-2.4% | $6,691-35.6% |
| Admin fee / account holder | $992 | $10,256-90.3% | $8,291-88.0% | $13,402-92.6% |