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 | $137,488 | $154,159-10.8% | $130,026+5.7% | $139,456-1.4% |
| Participation rate | 95.7% | 82.0%+13.7pp | 78.5%+17.2pp | 80.3%+15.3pp |
| Annual return | 21.10% | 32.50%-11.4pp | -137.26%+158.4pp | 373.45%-352.4pp |
| Employer contribution / active EE | $6,793 | $5,292+28.4% | $4,321+57.2% | $4,753+42.9% |
| Participant deferral / active EE | $7,267 | $6,710+8.3% | $5,821+24.9% | $6,711+8.3% |
| Admin fee / account holder | $10,334 | $14,001-26.2% | $10,608-2.6% | $11,407-9.4% |