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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $100,862 | $183,988-45.2% | $162,177-37.8% | $152,897-34.0% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.6%+12.4pp | 82.5%+17.5pp |
| Annual return | 28.17% | 150.79%-122.6pp | 115.60%-87.4pp | 345.43%-317.3pp |
| Employer contribution / active EE | $14,271 | $6,370+124.0% | $5,613+154.2% | $4,764+199.6% |
| Participant deferral / active EE | $13,634 | $8,032+69.7% | $7,297+86.9% | $5,851+133.0% |
| Admin fee / account holder | $921 | $13,123-93.0% | $10,843-91.5% | $11,599-92.1% |