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 | $76,896 | $109,872-30.0% | $98,483-21.9% | $167,536-54.1% |
| Participation rate | 100.0% | 75.8%+24.2pp | 73.3%+26.7pp | 82.1%+17.9pp |
| Annual return | 16.15% | 1959.31%-1943.2pp | 1494.38%-1478.2pp | 478.82%-462.7pp |
| Employer contribution / active EE | $4,333 | $3,225+34.4% | $2,961+46.4% | $4,839-10.5% |
| Participant deferral / active EE | $8,703 | $4,673+86.2% | $4,276+103.5% | $6,342+37.2% |
| Admin fee / account holder | $10,071 | $6,757+49.0% | $5,953+69.2% | $12,315-18.2% |