Filed December 30, 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 | $119,731 | $153,769-22.1% | $133,975-10.6% | $273,972-56.3% |
| Participation rate | 83.3% | 88.4%-5.0pp | 87.1%-3.7pp | 83.0%+0.3pp |
| Annual return | 7.41% | 36.51%-29.1pp | 29.29%-21.9pp | 41.46%-34.0pp |
| Employer contribution / active EE | $0 | $6,029-100.0% | $5,211-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $13,733 | $6,958+97.4% | $6,282+118.6% | $5,287+159.7% |
| Admin fee / account holder | $11,060 | $11,765-6.0% | $9,324+18.6% | $10,133+9.1% |