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 | $177,374 | $91,179+94.5% | $178,499-0.6% | $79,852+122.1% |
| Participation rate | 100.0% | 69.2%+30.8pp | 81.9%+18.1pp | 69.6%+30.4pp |
| Annual return | 13.52% | 24.19%-10.7pp | 151.10%-137.6pp | 31.72%-18.2pp |
| Employer contribution / active EE | $7,769 | $3,256+138.6% | $5,011+55.0% | $2,471+214.4% |
| Participant deferral / active EE | $5,153 | $3,236+59.3% | $5,202-0.9% | $3,740+37.8% |
| Admin fee / account holder | $7,852 | $6,749+16.3% | $13,986-43.9% | $5,306+48.0% |