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 | $60,566 | $157,304-61.5% | $141,197-57.1% | $152,909-60.4% |
| Participation rate | 85.7% | 84.8%+0.9pp | 82.5%+3.2pp | 82.5%+3.3pp |
| Annual return | 22.33% | 64.34%-42.0pp | 71.41%-49.1pp | 345.46%-323.1pp |
| Employer contribution / active EE | $2,050 | $5,263-61.0% | $4,736-56.7% | $4,764-57.0% |
| Participant deferral / active EE | $4,715 | $7,111-33.7% | $6,710-29.7% | $5,851-19.4% |
| Admin fee / account holder | $6,805 | $12,126-43.9% | $10,265-33.7% | $11,601-41.3% |