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 | $148,629-62.5% | $135,982-59.0% | $139,487-60.0% |
| Participation rate | 100.0% | 83.9%+16.1pp | 81.9%+18.1pp | 80.3%+19.7pp |
| Annual return | 15.98% | 79.33%-63.3pp | 68.32%-52.3pp | 373.84%-357.9pp |
| Employer contribution / active EE | $2,423 | $5,247-53.8% | $4,859-50.1% | $4,755-49.0% |
| Participant deferral / active EE | $5,447 | $8,102-32.8% | $7,760-29.8% | $6,713-18.9% |
| Admin fee / account holder | $4,314 | $12,406-65.2% | $10,767-59.9% | $11,407-62.2% |