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 | $356,763 | $212,386+68.0% | $199,883+78.5% | $138,895+156.9% |
| Participation rate | 100.0% | 87.4%+12.6pp | 86.8%+13.2pp | 79.9%+20.1pp |
| Annual return | 17.50% | 47.75%-30.3pp | 43.81%-26.3pp | 145.39%-127.9pp |
| Employer contribution / active EE | $16,034 | $6,625+142.0% | $6,261+156.1% | $4,194+282.3% |
| Participant deferral / active EE | $19,152 | $9,617+99.1% | $9,138+109.6% | $6,396+199.4% |
| Admin fee / account holder | $10,706 | $18,233-41.3% | $17,268-38.0% | $12,562-14.8% |