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 | $102,422+173.3% | $147,117+90.3% | $80,959+245.8% |
| Participation rate | 97.6% | 75.9%+21.7pp | 82.2%+15.4pp | 67.7%+29.9pp |
| Annual return | 12.02% | 135.16%-123.1pp | 420.54%-408.5pp | 35.67%-23.7pp |
| Employer contribution / active EE | $17,239 | $3,717+363.7% | $4,932+249.5% | $2,757+525.3% |
| Participant deferral / active EE | $3,728 | $6,652-44.0% | $8,065-53.8% | $4,300-13.3% |
| Admin fee / account holder | $69,978 | $7,953+779.8% | $12,993+438.6% | $6,925+910.5% |