Filed June 7, 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 | $31,812 | $90,607-64.9% | $79,467-60.0% | $135,380-76.5% |
| Participation rate | 100.0% | 76.0%+24.0pp | 73.3%+26.7pp | 82.6%+17.4pp |
| Annual return | -7.84% | 977.74%-985.6pp | 718.30%-726.1pp | 519.81%-527.6pp |
| Employer contribution / active EE | $5,713 | $3,068+86.2% | $2,800+104.0% | $4,779+19.5% |
| Participant deferral / active EE | $3,368 | $4,050-16.8% | $3,704-9.1% | $5,609-40.0% |
| Admin fee / account holder | $7,803 | $5,895+32.4% | $5,104+52.9% | $10,828-27.9% |