Filed December 22, 2023
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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 | $88,752 | $45,343+95.7% | $150,298-40.9% | $67,986+30.5% |
| Participation rate | 71.1% | 51.9%+19.2pp | 77.8%-6.7pp | 57.2%+13.9pp |
| Annual return | 12.55% | 33.28%-20.7pp | 62.79%-50.2pp | 31.67%-19.1pp |
| Employer contribution / active EE | $2,711 | $1,462+85.5% | $4,154-34.7% | $2,019+34.3% |
| Participant deferral / active EE | $4,879 | $2,055+137.4% | $5,453-10.5% | $3,358+45.3% |
| Admin fee / account holder | $9,133 | $2,250+305.9% | $14,116-35.3% | $3,203+185.1% |