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 | $163,524 | $85,171+92.0% | $172,752-5.3% | $72,975+124.1% |
| Participation rate | 100.0% | 70.1%+29.9pp | 82.6%+17.4pp | 69.5%+30.5pp |
| Annual return | 19.69% | 27.32%-7.6pp | 802.97%-783.3pp | 81.01%-61.3pp |
| Employer contribution / active EE | $6,966 | $3,324+109.6% | $5,144+35.4% | $2,440+185.5% |
| Participant deferral / active EE | $4,988 | $3,260+53.0% | $5,198-4.0% | $3,608+38.2% |
| Admin fee / account holder | $9,841 | $5,880+67.4% | $13,955-29.5% | $5,124+92.1% |