Filed January 5, 2023
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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 | $111,963 | $63,346+76.7% | $92,240+21.4% | $70,126+59.7% |
| Participation rate | 78.6% | 68.7%+9.9pp | 76.5%+2.1pp | 69.5%+9.0pp |
| Annual return | 13.63% | 530.19%-516.6pp | 176.29%-162.7pp | 73.15%-59.5pp |
| Employer contribution / active EE | $1,569 | $2,471-36.5% | $3,680-57.4% | $2,343-33.0% |
| Participant deferral / active EE | $4,825 | $2,854+69.1% | $3,897+23.8% | $3,332+44.8% |
| Admin fee / account holder | $15,978 | $3,841+316.0% | $5,194+207.6% | $4,645+243.9% |