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 | $89,879 | $101,798-11.7% | $165,071-45.6% | $80,935+11.0% |
| Participation rate | 100.0% | 71.8%+28.2pp | 78.6%+21.4pp | 67.7%+32.3pp |
| Annual return | 16.16% | 16.73%-0.6pp | 70.17%-54.0pp | 35.66%-19.5pp |
| Employer contribution / active EE | $5,226 | $2,954+76.9% | $4,347+20.2% | $2,757+89.6% |
| Participant deferral / active EE | $6,177 | $4,476+38.0% | $6,035+2.4% | $4,299+43.7% |
| Admin fee / account holder | $64,835 | $8,221+688.6% | $12,695+410.7% | $6,924+836.3% |