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 | $81,476+52.3% | $102,383+21.2% | $80,925+53.3% |
| Participation rate | 89.4% | 66.8%+22.5pp | 74.5%+14.9pp | 67.7%+21.7pp |
| Annual return | 12.91% | 25.59%-12.7pp | 24.94%-12.0pp | 35.65%-22.7pp |
| Employer contribution / active EE | $7,683 | $3,105+147.4% | $3,870+98.5% | $2,756+178.7% |
| Participant deferral / active EE | $6,859 | $3,871+77.2% | $5,060+35.6% | $4,299+59.6% |
| Admin fee / account holder | $11,538 | $6,717+71.8% | $8,391+37.5% | $6,940+66.3% |