Filed November 6, 2024
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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 | $143,693 | $201,370-28.6% | $184,256-22.0% | $145,897-1.5% |
| Participation rate | 100.0% | 87.5%+12.5pp | 86.8%+13.2pp | 80.3%+19.7pp |
| Annual return | 15.97% | 29.05%-13.1pp | 28.85%-12.9pp | 552.29%-536.3pp |
| Employer contribution / active EE | $10,233 | $7,024+45.7% | $6,427+59.2% | $4,663+119.5% |
| Participant deferral / active EE | $8,162 | $9,808-16.8% | $9,133-10.6% | $6,689+22.0% |
| Admin fee / account holder | $5,129 | $16,364-68.7% | $13,899-63.1% | $13,390-61.7% |