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 | $160,373 | $84,236+90.4% | $170,435-5.9% | $70,126+128.7% |
| Participation rate | 100.0% | 70.8%+29.2pp | 83.6%+16.4pp | 69.5%+30.5pp |
| Annual return | 15.12% | 23.06%-7.9pp | 205.94%-190.8pp | 73.15%-58.0pp |
| Employer contribution / active EE | $7,214 | $3,387+113.0% | $5,432+32.8% | $2,343+207.9% |
| Participant deferral / active EE | $4,731 | $3,086+53.3% | $4,939-4.2% | $3,332+42.0% |
| Admin fee / account holder | $5,472 | $5,698-4.0% | $13,881-60.6% | $4,645+17.8% |