Filed December 9, 2022 (most recent of 3 filings on file)
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $279,958 | $102,429+173.3% | $147,096+90.3% | $80,925+245.9% |
| Participation rate | 97.6% | 75.9%+21.7pp | 82.2%+15.4pp | 67.7%+29.9pp |
| Annual return | 12.02% | 135.02%-123.0pp | 419.75%-407.7pp | 35.65%-23.6pp |
| Employer contribution / active EE | $17,239 | $3,716+364.0% | $4,936+249.3% | $2,756+525.5% |
| Participant deferral / active EE | $3,728 | $6,649-43.9% | $8,071-53.8% | $4,299-13.3% |
| Admin fee / account holder | $69,978 | $7,957+779.5% | $13,005+438.1% | $6,940+908.3% |