Filed December 16, 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 | $38,845 | $93,346-58.4% | $71,796-45.9% | $273,972-85.8% |
| Participation rate | 94.1% | 76.5%+17.6pp | 69.1%+25.0pp | 83.0%+11.1pp |
| Annual return | 7.57% | 130.39%-122.8pp | 78.04%-70.5pp | 41.46%-33.9pp |
| Employer contribution / active EE | $2,627 | $2,733-3.9% | $1,924+36.5% | $4,869-46.0% |
| Participant deferral / active EE | $4,565 | $3,475+31.4% | $2,794+63.4% | $5,287-13.7% |
| Admin fee / account holder | $73,053 | $6,571+1011.8% | $4,815+1417.2% | $10,133+621.0% |