Filed April 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 | $24,369 | $93,589-74.0% | $135,942-82.1% | $75,181-67.6% |
| Participation rate | 80.0% | 75.2%+4.8pp | 81.9%-1.9pp | 67.2%+12.8pp |
| Annual return | 20.54% | 30.90%-10.4pp | 68.28%-47.7pp | 160.69%-140.1pp |
| Employer contribution / active EE | $4,012 | $3,537+13.4% | $4,858-17.4% | $2,671+50.2% |
| Participant deferral / active EE | $4,894 | $6,405-23.6% | $7,759-36.9% | $4,126+18.6% |
| Admin fee / account holder | $586 | $6,977-91.6% | $10,764-94.6% | $5,650-89.6% |