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 | $119,182 | $54,757+117.7% | $90,287+32.0% | $72,986+63.3% |
| Participation rate | 97.2% | 65.1%+32.1pp | 73.3%+24.0pp | 69.5%+27.7pp |
| Annual return | 19.37% | 30.63%-11.3pp | 78.10%-58.7pp | 81.01%-61.6pp |
| Employer contribution / active EE | $6,622 | $2,092+216.5% | $2,855+132.0% | $2,440+171.4% |
| Participant deferral / active EE | $7,876 | $2,887+172.8% | $3,885+102.7% | $3,607+118.3% |
| Admin fee / account holder | $32,063 | $3,972+707.3% | $5,351+499.1% | $5,124+525.7% |