Filed December 12, 2021
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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 | $132,978 | $154,228-13.8% | $145,433-8.6% | $137,256-3.1% |
| Participation rate | 92.3% | 83.8%+8.5pp | 82.1%+10.2pp | 80.0%+12.3pp |
| Annual return | 15.84% | 74.59%-58.8pp | 66.58%-50.7pp | 220.34%-204.5pp |
| Employer contribution / active EE | $6,330 | $4,804+31.8% | $4,554+39.0% | $4,156+52.3% |
| Participant deferral / active EE | $12,984 | $8,216+58.0% | $7,897+64.4% | $6,407+102.7% |
| Admin fee / account holder | $6,673 | $14,344-53.5% | $13,129-49.2% | $12,270-45.6% |