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 | $86,922+2.4% | $102,438-13.1% | $80,874+10.1% |
| Participation rate | 74.7% | 72.4%+2.3pp | 76.5%-1.8pp | 67.6%+7.0pp |
| Annual return | 14.01% | 18.90%-4.9pp | 29.37%-15.4pp | 35.62%-21.6pp |
| Employer contribution / active EE | $2,647 | $2,369+11.7% | $3,024-12.5% | $2,756-4.0% |
| Participant deferral / active EE | $5,051 | $4,119+22.6% | $5,054-0.1% | $4,297+17.5% |
| Admin fee / account holder | $1,342 | $8,050-83.3% | $9,448-85.8% | $6,935-80.7% |