Filed October 4, 2023
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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 | $227,626 | $110,379+106.2% | $102,412+122.3% | $145,884+56.0% |
| Participation rate | 94.4% | 77.9%+16.5pp | 74.5%+19.9pp | 80.3%+14.1pp |
| Annual return | 13.46% | 24.84%-11.4pp | 24.94%-11.5pp | 551.85%-538.4pp |
| Employer contribution / active EE | $13,209 | $4,216+213.3% | $3,870+241.3% | $4,662+183.3% |
| Participant deferral / active EE | $8,966 | $5,622+59.5% | $5,060+77.2% | $6,690+34.0% |
| Admin fee / account holder | $784 | $9,745-92.0% | $8,388-90.7% | $13,392-94.1% |