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 | $116,303 | $89,370+30.1% | $141,197-17.6% | $72,976+59.4% |
| Participation rate | 92.3% | 75.1%+17.2pp | 82.5%+9.8pp | 69.5%+22.8pp |
| Annual return | 23.04% | 111.88%-88.8pp | 71.41%-48.4pp | 81.02%-58.0pp |
| Employer contribution / active EE | $2,780 | $3,115-10.8% | $4,736-41.3% | $2,440+13.9% |
| Participant deferral / active EE | $6,336 | $5,419+16.9% | $6,710-5.6% | $3,608+75.6% |
| Admin fee / account holder | $2,686 | $5,957-54.9% | $10,265-73.8% | $5,124-47.6% |