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 | $130,863 | $102,385+27.8% | $147,080-11.0% | $80,935+61.7% |
| Participation rate | 100.0% | 75.9%+24.1pp | 82.2%+17.8pp | 67.7%+32.3pp |
| Annual return | 15.60% | 135.09%-119.5pp | 420.17%-404.6pp | 35.66%-20.1pp |
| Employer contribution / active EE | $8,058 | $3,717+116.8% | $4,933+63.3% | $2,757+192.3% |
| Participant deferral / active EE | $8,356 | $6,651+25.6% | $8,066+3.6% | $4,299+94.3% |
| Admin fee / account holder | $53,172 | $7,951+568.7% | $12,989+309.4% | $6,924+667.9% |