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 | $65,271 | $100,938-35.3% | $90,461-27.8% | $158,982-58.9% |
| Participation rate | 100.0% | 75.0%+25.0pp | 72.7%+27.3pp | 82.0%+18.0pp |
| Annual return | 11.74% | 1727.20%-1715.5pp | 1294.76%-1283.0pp | 302.99%-291.3pp |
| Employer contribution / active EE | $3,529 | $3,691-4.4% | $3,264+8.1% | $4,763-25.9% |
| Participant deferral / active EE | $6,722 | $4,350+54.5% | $3,964+69.6% | $5,983+12.3% |
| Admin fee / account holder | $14,881 | $6,510+128.6% | $5,617+164.9% | $11,252+32.3% |