Filed May 4, 2022
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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 | $56,571 | $49,025+15.4% | $87,502-35.3% | $62,881-10.0% |
| Participation rate | 75.7% | 64.9%+10.8pp | 73.8%+1.8pp | 69.3%+6.4pp |
| Annual return | 86.39% | 10.02%+76.4pp | 12.21%+74.2pp | 20.14%+66.2pp |
| Employer contribution / active EE | $1,016 | $1,372-25.9% | $2,550-60.1% | $2,281-55.5% |
| Participant deferral / active EE | $4,850 | $2,289+111.8% | $3,149+54.0% | $3,203+51.4% |
| Admin fee / account holder | $14,185 | $4,065+248.9% | $4,221+236.1% | $4,296+230.2% |