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 | $110,487 | $85,766+28.8% | $136,295-18.9% | $70,131+57.5% |
| Participation rate | 84.1% | 74.2%+9.9pp | 81.9%+2.2pp | 69.5%+14.5pp |
| Annual return | 15.22% | 31.45%-16.2pp | 5155.97%-5140.8pp | 73.14%-57.9pp |
| Employer contribution / active EE | $2,068 | $2,966-30.3% | $4,695-56.0% | $2,342-11.7% |
| Participant deferral / active EE | $6,427 | $5,051+27.2% | $6,247+2.9% | $3,332+92.9% |
| Admin fee / account holder | $5,906 | $5,420+9.0% | $9,243-36.1% | $4,645+27.1% |