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 | $142,467 | $99,875+42.6% | $146,866-3.0% | $86,983+63.8% |
| Participation rate | 98.7% | 75.8%+22.9pp | 82.5%+16.2pp | 69.5%+29.1pp |
| Annual return | 15.20% | 28.10%-12.9pp | 102.85%-87.7pp | 25.83%-10.6pp |
| Employer contribution / active EE | $3,898 | $3,224+20.9% | $4,425-11.9% | $2,584+50.8% |
| Participant deferral / active EE | $7,769 | $6,322+22.9% | $7,759+0.1% | $4,194+85.3% |
| Admin fee / account holder | $4,427 | $7,838-43.5% | $13,620-67.5% | $7,856-43.6% |