Filed April 20, 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 | $37,886 | $88,707-57.3% | $74,184-48.9% | $273,972-86.2% |
| Participation rate | 95.8% | 79.4%+16.4pp | 76.6%+19.2pp | 83.0%+12.8pp |
| Annual return | 9.61% | 11.94%-2.3pp | 17.74%-8.1pp | 41.46%-31.8pp |
| Employer contribution / active EE | $4,412 | $3,159+39.7% | $2,370+86.2% | $4,869-9.4% |
| Participant deferral / active EE | $5,069 | $4,212+20.3% | $3,550+42.8% | $5,287-4.1% |
| Admin fee / account holder | $481 | $8,717-94.5% | $5,586-91.4% | $10,133-95.3% |