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 | $139,070 | $105,210+32.2% | $159,487-12.8% | $85,851+62.0% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.8%+17.2pp | 69.3%+30.7pp |
| Annual return | 15.94% | 45.08%-29.1pp | 263.71%-247.8pp | 318.63%-302.7pp |
| Employer contribution / active EE | $5,522 | $3,319+66.4% | $4,831+14.3% | $2,565+115.2% |
| Participant deferral / active EE | $7,434 | $5,946+25.0% | $7,354+1.1% | $3,952+88.1% |
| Admin fee / account holder | $2,040 | $6,934-70.6% | $10,804-81.1% | $6,261-67.4% |