Filed December 16, 2021
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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 | $53,375 | $64,729-17.5% | $112,263-52.5% | $68,490-22.1% |
| Participation rate | 93.3% | 67.2%+26.2pp | 75.1%+18.3pp | 67.9%+25.4pp |
| Annual return | -17.79% | -11.40%-6.4pp | 27.49%-45.3pp | -7.85%-9.9pp |
| Employer contribution / active EE | $10,170 | $2,746+270.4% | $3,636+179.7% | $2,597+291.7% |
| Participant deferral / active EE | $8,607 | $3,566+141.4% | $4,729+82.0% | $4,028+113.7% |
| Admin fee / account holder | $9,414 | $5,222+80.3% | $6,410+46.9% | $5,403+74.2% |