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 | $108,365 | $135,645-20.1% | $110,243-1.7% | $135,379-20.0% |
| Participation rate | 95.0% | 83.5%+11.5pp | 79.8%+15.2pp | 82.6%+12.4pp |
| Annual return | -5.82% | 513.24%-519.1pp | 314.76%-320.6pp | 519.79%-525.6pp |
| Employer contribution / active EE | $2,114 | $4,907-56.9% | $3,827-44.8% | $4,779-55.8% |
| Participant deferral / active EE | $7,750 | $5,507+40.7% | $4,672+65.9% | $5,609+38.2% |
| Admin fee / account holder | $29,448 | $11,458+157.0% | $8,548+244.5% | $10,828+172.0% |