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 | $117,945 | $82,678+42.7% | $125,391-5.9% | $68,490+72.2% |
| Participation rate | 100.0% | 75.1%+24.9pp | 82.4%+17.6pp | 67.9%+32.1pp |
| Annual return | -17.08% | -5.97%-11.1pp | 572.41%-589.5pp | -7.85%-9.2pp |
| Employer contribution / active EE | $6,923 | $3,382+104.7% | $4,816+43.8% | $2,597+166.6% |
| Participant deferral / active EE | $10,720 | $6,111+75.4% | $7,448+43.9% | $4,028+166.2% |
| Admin fee / account holder | $4,179 | $6,277-33.4% | $10,009-58.2% | $5,403-22.7% |