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 | $163,460 | $185,856-12.1% | $170,028-3.9% | $139,456+17.2% |
| Participation rate | 100.0% | 87.8%+12.2pp | 87.0%+13.0pp | 80.3%+19.7pp |
| Annual return | 28.42% | 60.52%-32.1pp | 53.39%-25.0pp | 373.45%-345.0pp |
| Employer contribution / active EE | $13,677 | $7,593+80.1% | $6,788+101.5% | $4,753+187.8% |
| Participant deferral / active EE | $10,711 | $11,623-7.8% | $10,409+2.9% | $6,711+59.6% |
| Admin fee / account holder | $1,170 | $15,387-92.4% | $12,820-90.9% | $11,407-89.7% |