Filed October 28, 2021
Total covered: 47 employees
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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 | $142,467 | $106,749+33.5% | $145,433-2.0% | $82,448+72.8% |
| Participation rate | 98.7% | 75.6%+23.0pp | 82.1%+16.5pp | 68.1%+30.6pp |
| Annual return | 15.20% | 27.59%-12.4pp | 66.58%-51.4pp | 41.64%-26.4pp |
| Employer contribution / active EE | $3,898 | $3,444+13.2% | $4,554-14.4% | $2,551+52.8% |
| Participant deferral / active EE | $7,769 | $6,519+19.2% | $7,897-1.6% | $4,139+87.7% |
| Admin fee / account holder | $4,427 | $8,390-47.2% | $13,129-66.3% | $7,234-38.8% |