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 | $102,382+173.4% | $147,005+90.4% | $80,874+246.2% |
| Participation rate | 97.6% | 75.8%+21.7pp | 82.2%+15.4pp | 67.6%+29.9pp |
| Annual return | 12.02% | 134.89%-122.9pp | 418.76%-406.7pp | 35.62%-23.6pp |
| Employer contribution / active EE | $17,239 | $3,715+364.1% | $4,934+249.4% | $2,756+525.6% |
| Participant deferral / active EE | $3,728 | $6,646-43.9% | $8,070-53.8% | $4,297-13.2% |
| Admin fee / account holder | $69,978 | $7,942+781.1% | $13,006+438.0% | $6,935+909.0% |