Filed December 8, 2021
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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 | $252,877 | $167,353+51.1% | $143,797+75.9% | $134,545+88.0% |
| Participation rate | 100.0% | 84.8%+15.2pp | 80.3%+19.7pp | 81.2%+18.8pp |
| Annual return | -6.06% | 0.48%-6.5pp | -0.04%-6.0pp | 418.37%-424.4pp |
| Employer contribution / active EE | $10,301 | $5,620+83.3% | $4,952+108.0% | $4,742+117.3% |
| Participant deferral / active EE | $5,257 | $6,447-18.5% | $5,638-6.8% | $6,401-17.9% |
| Admin fee / account holder | $368,653 | $18,096+1937.2% | $14,679+2411.4% | $11,431+3125.1% |