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 | $120,072 | $93,617+28.3% | $135,982-11.7% | $75,177+59.7% |
| Participation rate | 98.2% | 75.2%+23.0pp | 81.9%+16.3pp | 67.2%+31.0pp |
| Annual return | 17.62% | 30.89%-13.3pp | 68.32%-50.7pp | 160.75%-143.1pp |
| Employer contribution / active EE | $3,289 | $3,538-7.0% | $4,859-32.3% | $2,671+23.1% |
| Participant deferral / active EE | $8,143 | $6,406+27.1% | $7,760+4.9% | $4,126+97.3% |
| Admin fee / account holder | $25,048 | $6,980+258.9% | $10,767+132.6% | $5,651+343.2% |