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 | $159,934-67.2% | $147,005-64.3% | $145,959-64.0% |
| Participation rate | 94.7% | 84.0%+10.7pp | 82.2%+12.6pp | 80.3%+14.5pp |
| Annual return | 13.64% | 98.24%-84.6pp | 418.76%-405.1pp | 561.95%-548.3pp |
| Employer contribution / active EE | $5,093 | $5,287-3.7% | $4,934+3.2% | $4,661+9.3% |
| Participant deferral / active EE | $8,579 | $8,427+1.8% | $8,070+6.3% | $6,689+28.3% |
| Admin fee / account holder | $2,015 | $15,053-86.6% | $13,006-84.5% | $13,398-85.0% |