Filed December 16, 2022
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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 | $88,807 | $76,407+16.2% | $150,298-40.9% | $82,448+7.7% |
| Participation rate | 100.0% | 66.4%+33.6pp | 77.8%+22.2pp | 68.1%+31.9pp |
| Annual return | 17.66% | 39.99%-22.3pp | 62.79%-45.1pp | 41.64%-24.0pp |
| Employer contribution / active EE | $2,676 | $2,614+2.4% | $4,154-35.6% | $2,551+4.9% |
| Participant deferral / active EE | $3,918 | $3,214+21.9% | $5,453-28.1% | $4,139-5.3% |
| Admin fee / account holder | $2,964 | $6,352-53.3% | $14,116-79.0% | $7,234-59.0% |