Filed April 18, 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 | $31,179 | $47,848-34.8% | $81,473-61.7% | $70,126-55.5% |
| Participation rate | 92.0% | 58.3%+33.7pp | 68.0%+24.0pp | 69.5%+22.5pp |
| Annual return | 35.57% | 27.25%+8.3pp | 38.78%-3.2pp | 73.15%-37.6pp |
| Employer contribution / active EE | $3,651 | $1,527+139.1% | $2,568+42.2% | $2,343+55.9% |
| Participant deferral / active EE | $7,225 | $2,453+194.5% | $3,537+104.3% | $3,332+116.8% |
| Admin fee / account holder | $910 | $3,145-71.1% | $4,561-80.0% | $4,645-80.4% |