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 | $45,007 | $150,442-70.1% | $136,295-67.0% | $147,585-69.5% |
| Participation rate | 100.0% | 84.4%+15.6pp | 81.9%+18.1pp | 82.8%+17.2pp |
| Annual return | 16.57% | 1049.09%-1032.5pp | 5155.97%-5139.4pp | 578.56%-562.0pp |
| Employer contribution / active EE | $2,602 | $5,256-50.5% | $4,695-44.6% | $4,876-46.6% |
| Participant deferral / active EE | $6,104 | $6,630-7.9% | $6,247-2.3% | $5,439+12.2% |
| Admin fee / account holder | $2,206 | $10,905-79.8% | $9,243-76.1% | $10,885-79.7% |