Filed February 24, 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 | $202,874 | $138,393+46.6% | $184,256+10.1% | $80,959+150.6% |
| Participation rate | 94.3% | 83.9%+10.4pp | 86.8%+7.5pp | 67.7%+26.6pp |
| Annual return | 15.05% | 20.01%-5.0pp | 28.85%-13.8pp | 35.67%-20.6pp |
| Employer contribution / active EE | $10,867 | $4,847+124.2% | $6,427+69.1% | $2,757+294.2% |
| Participant deferral / active EE | $18,465 | $7,076+160.9% | $9,133+102.2% | $4,300+329.4% |
| Admin fee / account holder | $17,521 | $10,489+67.0% | $13,899+26.1% | $6,925+153.0% |