Filed September 15, 2022
Total covered: 9 employees
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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 | $64,955 | $72,177-10.0% | $115,038-43.5% | $59,633+8.9% |
| Participation rate | 82.5% | 72.6%+9.9pp | 81.4%+1.1pp | 68.7%+13.8pp |
| Annual return | 10.78% | 12.02%-1.2pp | 26.14%-15.4pp | 2041.45%-2030.7pp |
| Employer contribution / active EE | $2,557 | $2,841-10.0% | $4,608-44.5% | $2,203+16.1% |
| Participant deferral / active EE | $4,518 | $4,783-5.5% | $6,026-25.0% | $3,192+41.6% |
| Admin fee / account holder | $8,455 | $4,927+71.6% | $8,175+3.4% | $4,297+96.8% |