Filed November 10, 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 | $95,073 | $184,014-48.3% | $161,149-41.0% | $138,895-31.6% |
| Participation rate | 100.0% | 82.1%+17.9pp | 78.8%+21.2pp | 79.9%+20.1pp |
| Annual return | 12.72% | 21.52%-8.8pp | 21.16%-8.4pp | 145.39%-132.7pp |
| Employer contribution / active EE | $3,836 | $5,055-24.1% | $4,360-12.0% | $4,194-8.5% |
| Participant deferral / active EE | $7,066 | $6,909+2.3% | $6,153+14.8% | $6,396+10.5% |
| Admin fee / account holder | $33,125 | $18,027+83.8% | $15,194+118.0% | $12,562+163.7% |