Filed April 12, 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 | $152,055 | $78,690+93.2% | $161,489-5.8% | $87,485+73.8% |
| Participation rate | 100.0% | 67.5%+32.5pp | 78.7%+21.3pp | 68.9%+31.1pp |
| Annual return | 12.66% | 32.74%-20.1pp | 89.72%-77.1pp | 26.06%-13.4pp |
| Employer contribution / active EE | $6,718 | $2,588+159.6% | $4,268+57.4% | $2,596+158.8% |
| Participant deferral / active EE | $4,779 | $3,311+44.3% | $5,630-15.1% | $4,274+11.8% |
| Admin fee / account holder | $48,420 | $6,724+620.2% | $16,006+202.5% | $7,775+522.8% |