Filed January 8, 2025
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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 | $114,912 | $49,177+133.7% | $79,467+44.6% | $64,173+79.1% |
| Participation rate | 97.6% | 65.0%+32.5pp | 73.3%+24.2pp | 69.6%+28.0pp |
| Annual return | -5.74% | -1.16%-4.6pp | 718.30%-724.0pp | 7.63%-13.4pp |
| Employer contribution / active EE | $6,317 | $2,076+204.3% | $2,800+125.6% | $2,381+165.3% |
| Participant deferral / active EE | $8,338 | $2,821+195.5% | $3,704+125.1% | $3,470+140.3% |
| Admin fee / account holder | $14,870 | $3,839+287.4% | $5,104+191.3% | $4,887+204.3% |