Filed October 7, 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 | $68,679 | $102,382-32.9% | $147,005-53.3% | $80,874-15.1% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.2%+17.8pp | 67.6%+32.4pp |
| Annual return | 15.85% | 134.89%-119.0pp | 418.76%-402.9pp | 35.62%-19.8pp |
| Employer contribution / active EE | $10,304 | $3,715+177.4% | $4,934+108.8% | $2,756+273.9% |
| Participant deferral / active EE | $9,532 | $6,646+43.4% | $8,070+18.1% | $4,297+121.8% |
| Admin fee / account holder | $5,700 | $7,942-28.2% | $13,006-56.2% | $6,935-17.8% |