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 | $101,294 | $53,128+90.7% | $86,582+17.0% | $70,126+44.4% |
| Participation rate | 92.5% | 65.3%+27.2pp | 73.5%+19.0pp | 69.5%+23.0pp |
| Annual return | 21.11% | 27.66%-6.6pp | 965.08%-944.0pp | 73.15%-52.0pp |
| Employer contribution / active EE | $3,941 | $2,068+90.6% | $2,839+38.8% | $2,343+68.2% |
| Participant deferral / active EE | $4,946 | $2,695+83.5% | $3,609+37.1% | $3,332+48.4% |
| Admin fee / account holder | $14,338 | $3,584+300.1% | $4,904+192.4% | $4,645+208.6% |