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 | $114,904 | $98,776+16.3% | $149,745-23.3% | $79,856+43.9% |
| Participation rate | 93.8% | 75.8%+18.0pp | 82.5%+11.3pp | 69.6%+24.1pp |
| Annual return | 16.05% | 27.38%-11.3pp | 276.72%-260.7pp | 31.71%-15.7pp |
| Employer contribution / active EE | $4,530 | $3,217+40.8% | $4,646-2.5% | $2,471+83.3% |
| Participant deferral / active EE | $6,747 | $5,681+18.8% | $6,843-1.4% | $3,741+80.4% |
| Admin fee / account holder | $2,194 | $6,053-63.8% | $9,312-76.4% | $5,306-58.7% |