Filed December 22, 2021
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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.
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $273,766 | $95,453+186.8% | $112,040+144.3% | $82,448+232.0% |
| Participation rate | 100.0% | 72.8%+27.2pp | 76.5%+23.5pp | 68.1%+31.9pp |
| Annual return | 5.14% | 23.92%-18.8pp | 24.52%-19.4pp | 41.64%-36.5pp |
| Employer contribution / active EE | $5,670 | $2,318+144.6% | $2,954+91.9% | $2,551+122.3% |
| Participant deferral / active EE | $7,050 | $4,224+66.9% | $5,098+38.3% | $4,139+70.3% |
| Admin fee / account holder | $2,253 | $9,013-75.0% | $12,098-81.4% | $7,234-68.9% |