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 | $131,612 | $102,422+28.5% | $147,117-10.5% | $80,959+62.6% |
| Participation rate | 98.4% | 75.9%+22.5pp | 82.2%+16.2pp | 67.7%+30.7pp |
| Annual return | 15.67% | 135.16%-119.5pp | 420.54%-404.9pp | 35.67%-20.0pp |
| Employer contribution / active EE | $2,665 | $3,717-28.3% | $4,932-46.0% | $2,757-3.3% |
| Participant deferral / active EE | $7,829 | $6,652+17.7% | $8,065-2.9% | $4,300+82.0% |
| Admin fee / account holder | $7,305 | $7,953-8.2% | $12,993-43.8% | $6,925+5.5% |