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 | $39,682 | $228,395-82.6% | $185,861-78.6% | $158,982-75.0% |
| Participation rate | 90.9% | 82.3%+8.6pp | 78.0%+12.9pp | 82.0%+8.9pp |
| Annual return | 38.66% | 40.82%-2.2pp | 35.96%+2.7pp | 302.99%-264.3pp |
| Employer contribution / active EE | $2,832 | $4,968-43.0% | $4,088-30.7% | $4,763-40.5% |
| Participant deferral / active EE | $6,146 | $6,417-4.2% | $5,634+9.1% | $5,983+2.7% |
| Admin fee / account holder | $2,406 | $11,869-79.7% | $9,503-74.7% | $11,252-78.6% |