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 | $266,802 | $82,678+222.7% | $125,391+112.8% | $68,490+289.5% |
| Participation rate | 100.0% | 75.1%+24.9pp | 82.4%+17.6pp | 67.9%+32.1pp |
| Annual return | -19.07% | -5.97%-13.1pp | 572.41%-591.5pp | -7.85%-11.2pp |
| Employer contribution / active EE | $25,897 | $3,382+665.7% | $4,816+437.8% | $2,597+897.3% |
| Participant deferral / active EE | $5,766 | $6,111-5.6% | $7,448-22.6% | $4,028+43.2% |
| Admin fee / account holder | $12,743 | $6,277+103.0% | $10,009+27.3% | $5,403+135.9% |