Filed January 6, 2025
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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 | $131,885 | $143,969-8.4% | $199,883-34.0% | $82,637+59.6% |
| Participation rate | 100.0% | 84.1%+15.9pp | 86.8%+13.2pp | 68.1%+31.9pp |
| Annual return | 24.22% | 25.67%-1.5pp | 43.81%-19.6pp | 53.51%-29.3pp |
| Employer contribution / active EE | $5,718 | $4,632+23.4% | $6,261-8.7% | $2,552+124.0% |
| Participant deferral / active EE | $8,377 | $6,937+20.8% | $9,138-8.3% | $4,126+103.0% |
| Admin fee / account holder | $5,903 | $14,597-59.6% | $17,268-65.8% | $7,339-19.6% |