Filed December 26, 2024
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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 | $124,049 | $81,504+52.2% | $102,437+21.1% | $80,959+53.2% |
| Participation rate | 89.4% | 66.9%+22.5pp | 74.5%+14.9pp | 67.7%+21.7pp |
| Annual return | 12.91% | 25.60%-12.7pp | 24.95%-12.0pp | 35.67%-22.8pp |
| Employer contribution / active EE | $7,683 | $3,104+147.5% | $3,871+98.5% | $2,757+178.6% |
| Participant deferral / active EE | $6,859 | $3,871+77.2% | $5,060+35.5% | $4,300+59.5% |
| Admin fee / account holder | $11,538 | $6,719+71.7% | $8,388+37.6% | $6,925+66.6% |