Filed January 2, 2024
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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 | $126,092 | $85,766+47.0% | $136,298-7.5% | $70,126+79.8% |
| Participation rate | 100.0% | 74.2%+25.8pp | 81.9%+18.1pp | 69.5%+30.5pp |
| Annual return | 18.47% | 31.46%-13.0pp | 5156.27%-5137.8pp | 73.15%-54.7pp |
| Employer contribution / active EE | $4,175 | $2,966+40.8% | $4,696-11.1% | $2,343+78.2% |
| Participant deferral / active EE | $10,390 | $5,051+105.7% | $6,247+66.3% | $3,332+211.9% |
| Admin fee / account holder | $2,865 | $5,421-47.2% | $9,244-69.0% | $4,645-38.3% |