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 | $55,766 | $148,558-62.5% | $135,925-59.0% | $139,427-60.0% |
| Participation rate | 100.0% | 83.9%+16.1pp | 81.9%+18.1pp | 80.3%+19.7pp |
| Annual return | 15.98% | 79.22%-63.2pp | 68.25%-52.3pp | 373.27%-357.3pp |
| Employer contribution / active EE | $2,423 | $5,244-53.8% | $4,857-50.1% | $4,752-49.0% |
| Participant deferral / active EE | $5,447 | $8,101-32.8% | $7,759-29.8% | $6,711-18.8% |
| Admin fee / account holder | $4,314 | $12,401-65.2% | $10,764-59.9% | $11,404-62.2% |