Filed February 7, 2025
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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 | $170,122 | $72,607+134.3% | $90,259+88.5% | $87,485+94.5% |
| Participation rate | 77.3% | 64.8%+12.5pp | 70.7%+6.6pp | 68.9%+8.4pp |
| Annual return | 12.76% | 18.59%-5.8pp | 18.88%-6.1pp | 26.06%-13.3pp |
| Employer contribution / active EE | $3,212 | $1,919+67.4% | $2,291+40.2% | $2,596+23.7% |
| Participant deferral / active EE | $7,890 | $3,055+158.3% | $3,827+106.2% | $4,274+84.6% |
| Admin fee / account holder | $16,815 | $5,947+182.8% | $7,267+131.4% | $7,775+116.3% |