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 | $176,246 | $77,908+126.2% | $149,696+17.7% | $75,173+134.5% |
| Participation rate | 100.0% | 65.6%+34.4pp | 78.8%+21.2pp | 67.2%+32.8pp |
| Annual return | 15.96% | 31.73%-15.8pp | 134.46%-118.5pp | 160.72%-144.8pp |
| Employer contribution / active EE | $8,870 | $3,138+182.7% | $4,821+84.0% | $2,671+232.1% |
| Participant deferral / active EE | $6,280 | $3,411+84.1% | $5,682+10.5% | $4,126+52.2% |
| Admin fee / account holder | $9,539 | $5,950+60.3% | $13,212-27.8% | $5,651+68.8% |