Filed August 3, 2022
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,368 | $226,135-85.7% | $182,558-82.3% | $152,909-78.8% |
| Participation rate | 80.0% | 82.5%-2.5pp | 78.0%+2.0pp | 82.5%-2.5pp |
| Annual return | 29.84% | 192.60%-162.8pp | 148.59%-118.7pp | 345.46%-315.6pp |
| Employer contribution / active EE | $2,853 | $4,979-42.7% | $4,076-30.0% | $4,764-40.1% |
| Participant deferral / active EE | $5,614 | $6,371-11.9% | $5,526+1.6% | $5,851-4.1% |
| Admin fee / account holder | $1,705 | $10,707-84.1% | $8,594-80.2% | $11,601-85.3% |