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 | $337,825 | $70,366+380.1% | $66,674+406.7% | $138,895+143.2% |
| Participation rate | 95.0% | 76.2%+18.8pp | 73.7%+21.3pp | 79.9%+15.1pp |
| Annual return | 13.50% | 386.41%-372.9pp | 321.24%-307.7pp | 145.39%-131.9pp |
| Employer contribution / active EE | $16,693 | $2,765+503.7% | $2,620+537.1% | $4,194+298.0% |
| Participant deferral / active EE | $16,561 | $4,374+278.6% | $4,084+305.5% | $6,396+158.9% |
| Admin fee / account holder | $70,497 | $5,262+1239.6% | $5,098+1282.8% | $12,562+461.2% |