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 | $101,475 | $77,817+30.4% | $123,553-17.9% | $64,173+58.1% |
| Participation rate | 100.0% | 74.7%+25.3pp | 82.3%+17.7pp | 69.6%+30.4pp |
| Annual return | -5.85% | 12.49%-18.3pp | 119.21%-125.1pp | 7.63%-13.5pp |
| Employer contribution / active EE | $3,224 | $3,014+7.0% | $4,628-30.3% | $2,381+35.4% |
| Participant deferral / active EE | $6,345 | $5,240+21.1% | $6,426-1.3% | $3,470+82.9% |
| Admin fee / account holder | $1,364 | $5,519-75.3% | $9,284-85.3% | $4,887-72.1% |