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 | $170,146 | $73,848+130.4% | $143,799+18.3% | $68,486+148.4% |
| Participation rate | 100.0% | 66.7%+33.3pp | 80.3%+19.7pp | 67.9%+32.1pp |
| Annual return | -13.26% | 0.91%-14.2pp | -0.04%-13.2pp | -7.85%-5.4pp |
| Employer contribution / active EE | $8,527 | $3,184+167.8% | $4,952+72.2% | $2,597+228.4% |
| Participant deferral / active EE | $6,762 | $3,385+99.8% | $5,638+19.9% | $4,028+67.9% |
| Admin fee / account holder | $44,561 | $5,755+674.3% | $14,677+203.6% | $5,404+724.6% |