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 | $77,778 | $176,120-55.8% | $159,487-51.2% | $167,553-53.6% |
| Participation rate | 100.0% | 85.0%+15.0pp | 82.8%+17.2pp | 82.1%+17.9pp |
| Annual return | 14.77% | 331.95%-317.2pp | 263.71%-248.9pp | 478.89%-464.1pp |
| Employer contribution / active EE | $11,912 | $5,299+124.8% | $4,831+146.6% | $4,840+146.1% |
| Participant deferral / active EE | $8,750 | $7,752+12.9% | $7,354+19.0% | $6,343+38.0% |
| Admin fee / account holder | $3,723 | $12,561-70.4% | $10,804-65.5% | $12,316-69.8% |