Filed October 18, 2023 (most recent of 3 filings on file)
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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 | $163,326 | $82,032+99.1% | $123,106+32.7% | $59,632+173.9% |
| Participation rate | 98.9% | 83.2%+15.7pp | 86.8%+12.1pp | 68.7%+30.2pp |
| Annual return | 0.88% | 5.12%-4.2pp | 13.22%-12.3pp | 2041.32%-2040.4pp |
| Employer contribution / active EE | $6,279 | $3,297+90.5% | $5,151+21.9% | $2,203+185.1% |
| Participant deferral / active EE | $11,029 | $4,667+136.4% | $6,229+77.1% | $3,192+245.6% |
| Admin fee / account holder | $15,466 | $5,881+163.0% | $9,015+71.6% | $4,297+259.9% |