Filed March 22, 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 | $89,018 | $86,940+2.4% | $102,434-13.1% | $80,935+10.0% |
| Participation rate | 74.7% | 72.4%+2.3pp | 76.5%-1.8pp | 67.7%+7.0pp |
| Annual return | 14.01% | 18.89%-4.9pp | 29.46%-15.5pp | 35.66%-21.7pp |
| Employer contribution / active EE | $2,647 | $2,370+11.7% | $3,023-12.5% | $2,757-4.0% |
| Participant deferral / active EE | $5,051 | $4,121+22.6% | $5,055-0.1% | $4,299+17.5% |
| Admin fee / account holder | $1,342 | $8,047-83.3% | $9,462-85.8% | $6,924-80.6% |