Filed March 28, 2022
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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 | $51,434 | $51,638-0.4% | $68,368-24.8% | $82,448-37.6% |
| Participation rate | 84.6% | 63.6%+21.0pp | 73.8%+10.9pp | 68.1%+16.5pp |
| Annual return | 17.75% | 37.53%-19.8pp | 292.57%-274.8pp | 41.64%-23.9pp |
| Employer contribution / active EE | $2,935 | $2,047+43.4% | $2,649+10.8% | $2,551+15.0% |
| Participant deferral / active EE | $5,874 | $2,914+101.6% | $4,123+42.5% | $4,139+41.9% |
| Admin fee / account holder | $2,144 | $4,643-53.8% | $5,150-58.4% | $7,234-70.4% |