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 | $39,748 | $148,623-73.3% | $135,974-70.8% | $139,466-71.5% |
| Participation rate | 100.0% | 83.9%+16.1pp | 81.9%+18.1pp | 80.3%+19.7pp |
| Annual return | 19.04% | 79.30%-60.3pp | 68.30%-49.3pp | 373.66%-354.6pp |
| Employer contribution / active EE | $2,824 | $5,246-46.2% | $4,859-41.9% | $4,754-40.6% |
| Participant deferral / active EE | $10,649 | $8,103+31.4% | $7,760+37.2% | $6,712+58.7% |
| Admin fee / account holder | $2,792 | $12,406-77.5% | $10,767-74.1% | $11,409-75.5% |