Filed September 11, 2023 (most recent of 3 filings on file)
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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 | $167,899 | $61,125+174.7% | $94,057+78.5% | $87,485+91.9% |
| Participation rate | 98.0% | 64.1%+33.9pp | 73.3%+24.6pp | 68.9%+29.0pp |
| Annual return | 36.12% | 35.20%+0.9pp | 480.62%-444.5pp | 26.06%+10.1pp |
| Employer contribution / active EE | $5,998 | $2,136+180.7% | $2,933+104.5% | $2,596+131.0% |
| Participant deferral / active EE | $9,125 | $3,260+179.9% | $4,709+93.8% | $4,274+113.5% |
| Admin fee / account holder | $22,517 | $5,629+300.0% | $7,244+210.8% | $7,775+189.6% |