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 | $204,512 | $81,262+151.7% | $155,602+31.4% | $80,911+152.8% |
| Participation rate | 100.0% | 66.2%+33.8pp | 78.2%+21.8pp | 67.6%+32.4pp |
| Annual return | 12.04% | 33.34%-21.3pp | 64.81%-52.8pp | 35.63%-23.6pp |
| Employer contribution / active EE | $7,612 | $3,102+145.4% | $4,675+62.8% | $2,756+176.2% |
| Participant deferral / active EE | $5,473 | $3,451+58.6% | $5,629-2.8% | $4,297+27.4% |
| Admin fee / account holder | $7,504 | $7,992-6.1% | $15,923-52.9% | $6,935+8.2% |