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 | $108,475 | $88,778+22.2% | $81,844+32.5% | $145,884-25.6% |
| Participation rate | 100.0% | 75.1%+24.9pp | 72.4%+27.6pp | 80.3%+19.7pp |
| Annual return | 14.03% | 1033.03%-1019.0pp | 778.87%-764.8pp | 551.85%-537.8pp |
| Employer contribution / active EE | $6,728 | $3,087+117.9% | $2,916+130.7% | $4,662+44.3% |
| Participant deferral / active EE | $10,917 | $4,648+134.9% | $4,323+152.5% | $6,690+63.2% |
| Admin fee / account holder | $5,625 | $8,430-33.3% | $7,355-23.5% | $13,392-58.0% |