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 | $76,158 | $66,429+14.6% | $109,923-30.7% | $85,852-11.3% |
| Participation rate | 100.0% | 63.9%+36.1pp | 74.2%+25.8pp | 69.3%+30.7pp |
| Annual return | 42.04% | 19.59%+22.4pp | 29.46%+12.6pp | 318.66%-276.6pp |
| Employer contribution / active EE | $2,793 | $1,688+65.5% | $2,844-1.8% | $2,566+8.9% |
| Participant deferral / active EE | $6,926 | $2,844+143.6% | $4,048+71.1% | $3,952+75.2% |
| Admin fee / account holder | $2,245 | $4,559-50.8% | $6,070-63.0% | $6,261-64.1% |