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 | $66,888 | $92,766-27.9% | $82,763-19.2% | $134,545-50.3% |
| Participation rate | 91.7% | 75.2%+16.5pp | 72.6%+19.1pp | 81.2%+10.4pp |
| Annual return | -18.10% | 946.97%-965.1pp | 702.45%-720.5pp | 418.37%-436.5pp |
| Employer contribution / active EE | $5,741 | $3,273+75.4% | $3,008+90.8% | $4,742+21.1% |
| Participant deferral / active EE | $8,399 | $4,802+74.9% | $4,395+91.1% | $6,401+31.2% |
| Admin fee / account holder | $5,773 | $5,978-3.4% | $5,325+8.4% | $11,431-49.5% |