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 | $87,158 | $157,304-44.6% | $141,197-38.3% | $152,909-43.0% |
| Participation rate | 100.0% | 84.8%+15.2pp | 82.5%+17.5pp | 82.5%+17.5pp |
| Annual return | 35.87% | 64.34%-28.5pp | 71.41%-35.5pp | 345.46%-309.6pp |
| Employer contribution / active EE | $5,729 | $5,263+8.9% | $4,736+21.0% | $4,764+20.3% |
| Participant deferral / active EE | $7,489 | $7,111+5.3% | $6,710+11.6% | $5,851+28.0% |
| Admin fee / account holder | $8,404 | $12,126-30.7% | $10,265-18.1% | $11,601-27.6% |