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 | $102,422-32.9% | $147,117-53.3% | $80,959-15.2% |
| Participation rate | 100.0% | 75.9%+24.1pp | 82.2%+17.8pp | 67.7%+32.3pp |
| Annual return | 15.85% | 135.16%-119.3pp | 420.54%-404.7pp | 35.67%-19.8pp |
| Employer contribution / active EE | $10,304 | $3,717+177.2% | $4,932+108.9% | $2,757+273.7% |
| Participant deferral / active EE | $9,532 | $6,652+43.3% | $8,065+18.2% | $4,300+121.7% |
| Admin fee / account holder | $5,700 | $7,953-28.3% | $12,993-56.1% | $6,925-17.7% |