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 | $46,595 | $138,076-66.3% | $123,553-62.3% | $135,380-65.6% |
| Participation rate | 90.5% | 84.7%+5.7pp | 82.3%+8.2pp | 82.6%+7.8pp |
| Annual return | -7.66% | 153.70%-161.4pp | 119.21%-126.9pp | 519.81%-527.5pp |
| Employer contribution / active EE | $1,690 | $5,152-67.2% | $4,628-63.5% | $4,779-64.6% |
| Participant deferral / active EE | $4,907 | $6,800-27.8% | $6,426-23.6% | $5,609-12.5% |
| Admin fee / account holder | $7,867 | $10,917-27.9% | $9,284-15.3% | $10,828-27.3% |