Filed September 22, 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 | $108,111 | $102,429+5.5% | $147,096-26.5% | $80,925+33.6% |
| Participation rate | 98.6% | 75.9%+22.7pp | 82.2%+16.4pp | 67.7%+31.0pp |
| Annual return | 12.29% | 135.02%-122.7pp | 419.75%-407.5pp | 35.65%-23.4pp |
| Employer contribution / active EE | $7,525 | $3,716+102.5% | $4,936+52.4% | $2,756+173.0% |
| Participant deferral / active EE | $7,395 | $6,649+11.2% | $8,071-8.4% | $4,299+72.0% |
| Admin fee / account holder | $11,521 | $7,957+44.8% | $13,005-11.4% | $6,940+66.0% |