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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $152,055 | $75,541+101.3% | $152,0930% | $82,637+84.0% |
| Participation rate | 100.0% | 66.5%+33.5pp | 77.8%+22.2pp | 68.1%+31.9pp |
| Annual return | 12.66% | 32.56%-19.9pp | 66.36%-53.7pp | 53.51%-40.8pp |
| Employer contribution / active EE | $6,718 | $2,622+156.2% | $4,175+60.9% | $2,552+163.2% |
| Participant deferral / active EE | $4,779 | $3,206+49.1% | $5,451-12.3% | $4,126+15.8% |
| Admin fee / account holder | $48,420 | $6,405+656.0% | $14,497+234.0% | $7,339+559.8% |