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 | $59,322 | $165,399-64.1% | $149,745-60.4% | $158,982-62.7% |
| Participation rate | 100.0% | 84.6%+15.4pp | 82.5%+17.5pp | 82.0%+18.0pp |
| Annual return | 16.47% | 348.34%-331.9pp | 276.72%-260.2pp | 302.99%-286.5pp |
| Employer contribution / active EE | $2,390 | $5,105-53.2% | $4,646-48.5% | $4,763-49.8% |
| Participant deferral / active EE | $5,638 | $7,183-21.5% | $6,843-17.6% | $5,983-5.8% |
| Admin fee / account holder | $1,145 | $10,811-89.4% | $9,312-87.7% | $11,252-89.8% |