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 | $285,141 | $77,817+266.4% | $123,553+130.8% | $64,173+344.3% |
| Participation rate | 96.8% | 74.7%+22.1pp | 82.3%+14.5pp | 69.6%+27.2pp |
| Annual return | -5.71% | 12.49%-18.2pp | 119.21%-124.9pp | 7.63%-13.3pp |
| Employer contribution / active EE | $32,786 | $3,014+987.8% | $4,628+608.4% | $2,381+1277.1% |
| Participant deferral / active EE | $6,961 | $5,240+32.8% | $6,426+8.3% | $3,470+100.6% |
| Admin fee / account holder | $1,221 | $5,519-77.9% | $9,284-86.9% | $4,887-75.0% |