Filed December 22, 2021
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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 | $52,630 | $70,002-24.8% | $115,038-54.2% | $52,331+0.6% |
| Participation rate | 100.0% | 72.1%+27.9pp | 81.4%+18.6pp | 68.1%+31.9pp |
| Annual return | 33.29% | 4.04%+29.3pp | 26.14%+7.2pp | 4.54%+28.8pp |
| Employer contribution / active EE | $8,088 | $2,715+197.9% | $4,608+75.5% | $1,882+329.8% |
| Participant deferral / active EE | $13,653 | $4,920+177.5% | $6,026+126.5% | $3,022+351.8% |
| Admin fee / account holder | $734 | $566+29.7% | $8,175-91.0% | $592+24.1% |