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 | $171,681 | $105,210+63.2% | $159,487+7.6% | $85,851+100.0% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.8%+17.2pp | 69.3%+30.7pp |
| Annual return | 20.57% | 45.08%-24.5pp | 263.71%-243.1pp | 318.63%-298.1pp |
| Employer contribution / active EE | $3,381 | $3,319+1.9% | $4,831-30.0% | $2,565+31.8% |
| Participant deferral / active EE | $8,754 | $5,946+47.2% | $7,354+19.0% | $3,952+121.5% |
| Admin fee / account holder | $5,260 | $6,934-24.1% | $10,804-51.3% | $6,261-16.0% |