Filed May 20, 2024
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $287,292 | $201,370+42.7% | $184,256+55.9% | $145,897+96.9% |
| Participation rate | 100.0% | 87.5%+12.5pp | 86.8%+13.2pp | 80.3%+19.7pp |
| Annual return | 84.85% | 29.05%+55.8pp | 28.85%+56.0pp | 552.29%-467.4pp |
| Employer contribution / active EE | $16,089 | $7,024+129.1% | $6,427+150.3% | $4,663+245.1% |
| Participant deferral / active EE | $16,658 | $9,808+69.8% | $9,133+82.4% | $6,689+149.0% |
| Admin fee / account holder | $4,786 | $16,364-70.8% | $13,899-65.6% | $13,390-64.3% |