Filed April 24, 2023 (most recent of 3 filings on file)
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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 | $334,678 | $89,370+274.5% | $141,197+137.0% | $72,976+358.6% |
| Participation rate | 100.0% | 75.1%+24.9pp | 82.5%+17.5pp | 69.5%+30.5pp |
| Annual return | 19.39% | 111.88%-92.5pp | 71.41%-52.0pp | 81.02%-61.6pp |
| Employer contribution / active EE | $21,421 | $3,115+587.7% | $4,736+352.3% | $2,440+777.9% |
| Participant deferral / active EE | $13,885 | $5,419+156.2% | $6,710+106.9% | $3,608+284.9% |
| Admin fee / account holder | $16,816 | $5,957+182.3% | $10,265+63.8% | $5,124+228.2% |