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 | $55,704 | $71,872-22.5% | $86,691-35.7% | $68,495-18.7% |
| Participation rate | 75.5% | 72.2%+3.2pp | 76.6%-1.1pp | 67.9%+7.6pp |
| Annual return | -15.07% | 3.53%-18.6pp | 35.94%-51.0pp | -7.84%-7.2pp |
| Employer contribution / active EE | $3,595 | $2,173+65.4% | $2,837+26.7% | $2,596+38.5% |
| Participant deferral / active EE | $4,819 | $3,779+27.5% | $4,656+3.5% | $4,028+19.7% |
| Admin fee / account holder | $5,271 | $6,112-13.8% | $7,492-29.6% | $5,403-2.4% |