Filed March 2, 2023
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $308,698 | $75,959+306.4% | $154,114+100.3% | $64,181+381.0% |
| Participation rate | 100.0% | 70.4%+29.6pp | 83.0%+17.0pp | 69.6%+30.4pp |
| Annual return | -4.72% | 30.32%-35.0pp | 735.16%-739.9pp | 7.63%-12.4pp |
| Employer contribution / active EE | $9,347 | $3,350+179.0% | $5,298+76.4% | $2,381+292.6% |
| Participant deferral / active EE | $4,109 | $3,175+29.4% | $5,081-19.1% | $3,470+18.4% |
| Admin fee / account holder | $24,681 | $5,589+341.6% | $13,411+84.0% | $4,887+405.0% |