Filed February 28, 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 | $114,750 | $153,769-25.4% | $133,975-14.3% | $273,972-58.1% |
| Participation rate | 100.0% | 88.4%+11.6pp | 87.1%+12.9pp | 83.0%+17.0pp |
| Annual return | 0.15% | 36.51%-36.4pp | 29.29%-29.1pp | 41.46%-41.3pp |
| Employer contribution / active EE | $14,847 | $6,029+146.3% | $5,211+184.9% | $4,869+205.0% |
| Participant deferral / active EE | $6,888 | $6,958-1.0% | $6,282+9.7% | $5,287+30.3% |
| Admin fee / account holder | $67,458 | $11,765+473.4% | $9,324+623.5% | $10,133+565.8% |