Filed February 19, 2024
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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 | $50,523 | $127,386-60.3% | $115,037-56.1% | $125,388-59.7% |
| Participation rate | 100.0% | 84.2%+15.8pp | 81.4%+18.6pp | 83.2%+16.8pp |
| Annual return | -2.67% | 31.28%-33.9pp | 26.14%-28.8pp | 282.24%-284.9pp |
| Employer contribution / active EE | $2,218 | $5,166-57.1% | $4,608-51.9% | $4,866-54.4% |
| Participant deferral / active EE | $6,683 | $6,423+4.0% | $6,026+10.9% | $5,352+24.9% |
| Admin fee / account holder | $1,652 | $9,516-82.6% | $8,175-79.8% | $9,541-82.7% |