Filed January 31, 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 | $39,588 | $72,177-45.2% | $115,037-65.6% | $59,633-33.6% |
| Participation rate | 99.0% | 72.6%+26.4pp | 81.4%+17.6pp | 68.7%+30.3pp |
| Annual return | -2.12% | 12.02%-14.1pp | 26.14%-28.3pp | 2041.40%-2043.5pp |
| Employer contribution / active EE | $4,075 | $2,841+43.4% | $4,608-11.6% | $2,203+85.0% |
| Participant deferral / active EE | $6,749 | $4,783+41.1% | $6,026+12.0% | $3,192+111.5% |
| Admin fee / account holder | $2,622 | $4,927-46.8% | $8,175-67.9% | $4,297-39.0% |