Filed November 6, 2023 (most recent of 2 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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $276,619 | $102,382+170.2% | $147,005+88.2% | $80,874+242.0% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.2%+17.8pp | 67.6%+32.4pp |
| Annual return | 13.70% | 134.89%-121.2pp | 418.76%-405.1pp | 35.62%-21.9pp |
| Employer contribution / active EE | $8,082 | $3,715+117.6% | $4,934+63.8% | $2,756+193.3% |
| Participant deferral / active EE | $12,049 | $6,646+81.3% | $8,070+49.3% | $4,297+180.4% |
| Admin fee / account holder | $10,738 | $7,942+35.2% | $13,006-17.4% | $6,935+54.8% |