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 | $68,346 | $103,038-33.7% | $90,324-24.3% | $152,909-55.3% |
| Participation rate | 100.0% | 75.9%+24.1pp | 73.3%+26.7pp | 82.5%+17.5pp |
| Annual return | 22.92% | 95.25%-72.3pp | 78.15%-55.2pp | 345.46%-322.5pp |
| Employer contribution / active EE | $9,383 | $3,141+198.8% | $2,856+228.6% | $4,764+97.0% |
| Participant deferral / active EE | $8,335 | $4,282+94.6% | $3,885+114.5% | $5,851+42.4% |
| Admin fee / account holder | $9,360 | $6,177+51.5% | $5,356+74.8% | $11,601-19.3% |