Filed January 6, 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 | $52,507 | $160,040-67.2% | $147,096-64.3% | $145,877-64.0% |
| Participation rate | 94.7% | 84.0%+10.7pp | 82.2%+12.6pp | 80.3%+14.4pp |
| Annual return | 13.64% | 98.49%-84.9pp | 419.75%-406.1pp | 551.28%-537.6pp |
| Employer contribution / active EE | $5,093 | $5,289-3.7% | $4,936+3.2% | $4,663+9.2% |
| Participant deferral / active EE | $8,579 | $8,429+1.8% | $8,071+6.3% | $6,691+28.2% |
| Admin fee / account holder | $2,015 | $15,050-86.6% | $13,005-84.5% | $13,402-85.0% |