Filed May 10, 2022
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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 | $46,358 | $148,582-68.8% | $135,942-65.9% | $139,456-66.8% |
| Participation rate | 72.7% | 83.9%-11.1pp | 81.9%-9.2pp | 80.3%-7.6pp |
| Annual return | 13.07% | 79.26%-66.2pp | 68.28%-55.2pp | 373.45%-360.4pp |
| Employer contribution / active EE | $4,374 | $5,245-16.6% | $4,858-9.9% | $4,753-8.0% |
| Participant deferral / active EE | $10,443 | $8,101+28.9% | $7,759+34.6% | $6,711+55.6% |
| Admin fee / account holder | $13,683 | $12,402+10.3% | $10,764+27.1% | $11,407+20.0% |