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 | $99,901 | $77,817+28.4% | $123,553-19.1% | $64,173+55.7% |
| Participation rate | 87.5% | 74.7%+12.8pp | 82.3%+5.2pp | 69.6%+17.9pp |
| Annual return | -4.92% | 12.49%-17.4pp | 119.21%-124.1pp | 7.63%-12.6pp |
| Employer contribution / active EE | $3,118 | $3,014+3.5% | $4,628-32.6% | $2,381+31.0% |
| Participant deferral / active EE | $5,688 | $5,240+8.6% | $6,426-11.5% | $3,470+63.9% |
| Admin fee / account holder | $5,583 | $5,519+1.1% | $9,284-39.9% | $4,887+14.2% |