Filed January 17, 2023
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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 | $23,323 | $58,258-60.0% | $81,820-71.5% | $80,925-71.2% |
| Participation rate | 100.0% | 63.5%+36.5pp | 72.4%+27.6pp | 67.7%+32.3pp |
| Annual return | 22.93% | 41.76%-18.8pp | 777.93%-755.0pp | 35.65%-12.7pp |
| Employer contribution / active EE | $2,313 | $2,345-1.4% | $2,915-20.7% | $2,756-16.1% |
| Participant deferral / active EE | $2,349 | $3,284-28.5% | $4,323-45.7% | $4,299-45.3% |
| Admin fee / account holder | $6,377 | $4,976+28.1% | $7,391-13.7% | $6,940-8.1% |