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 | $78,199 | $96,691-19.1% | $86,656-9.8% | $139,487-43.9% |
| Participation rate | 100.0% | 74.4%+25.6pp | 71.7%+28.3pp | 80.3%+19.7pp |
| Annual return | 21.85% | 106.87%-85.0pp | 593.09%-571.2pp | 373.84%-352.0pp |
| Employer contribution / active EE | $5,954 | $3,267+82.3% | $3,025+96.8% | $4,755+25.2% |
| Participant deferral / active EE | $7,971 | $4,838+64.8% | $4,439+79.5% | $6,713+18.7% |
| Admin fee / account holder | $605 | $6,414-90.6% | $5,619-89.2% | $11,407-94.7% |