Filed January 20, 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 | $35,497 | $54,357-34.7% | $82,706-57.1% | $68,495-48.2% |
| Participation rate | 83.1% | 63.9%+19.2pp | 72.6%+10.6pp | 67.9%+15.2pp |
| Annual return | -17.21% | -13.67%-3.5pp | 701.76%-719.0pp | -7.84%-9.4pp |
| Employer contribution / active EE | $624 | $2,218-71.9% | $3,007-79.3% | $2,596-76.0% |
| Participant deferral / active EE | $4,625 | $3,246+42.5% | $4,394+5.3% | $4,028+14.8% |
| Admin fee / account holder | $3,116 | $4,396-29.1% | $5,329-41.5% | $5,403-42.3% |