Filed May 10, 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 | $38,559 | $106,008-63.6% | $92,240-58.2% | $147,586-73.9% |
| Participation rate | 94.4% | 80.4%+14.0pp | 76.5%+18.0pp | 82.8%+11.6pp |
| Annual return | 25.21% | 50.05%-24.8pp | 176.29%-151.1pp | 578.59%-553.4pp |
| Employer contribution / active EE | $6,236 | $4,333+43.9% | $3,680+69.5% | $4,876+27.9% |
| Participant deferral / active EE | $5,369 | $4,478+19.9% | $3,897+37.8% | $5,439-1.3% |
| Admin fee / account holder | $885 | $6,333-86.0% | $5,194-83.0% | $10,886-91.9% |