Filed January 25, 2024
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $313,490 | $88,778+253.1% | $81,844+283.0% | $145,884+114.9% |
| Participation rate | 100.0% | 75.1%+24.9pp | 72.4%+27.6pp | 80.3%+19.7pp |
| Annual return | 23.38% | 1033.03%-1009.7pp | 778.87%-755.5pp | 551.85%-528.5pp |
| Employer contribution / active EE | $13,316 | $3,087+331.4% | $2,916+356.6% | $4,662+185.6% |
| Participant deferral / active EE | $15,401 | $4,648+231.3% | $4,323+256.2% | $6,690+130.2% |
| Admin fee / account holder | $11,911 | $8,430+41.3% | $7,355+61.9% | $13,392-11.1% |