Filed July 11, 2023
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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 | $51,962 | $90,607-42.7% | $79,467-34.6% | $135,380-61.6% |
| Participation rate | 100.0% | 76.0%+24.0pp | 73.3%+26.7pp | 82.6%+17.4pp |
| Annual return | 0.97% | 977.74%-976.8pp | 718.30%-717.3pp | 519.81%-518.8pp |
| Employer contribution / active EE | $3,279 | $3,068+6.9% | $2,800+17.1% | $4,779-31.4% |
| Participant deferral / active EE | $3,918 | $4,050-3.3% | $3,704+5.8% | $5,609-30.1% |
| Admin fee / account holder | $3,919 | $5,895-33.5% | $5,104-23.2% | $10,828-63.8% |