Filed April 11, 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 | $140,045 | $94,436+48.3% | $115,599+21.1% | $82,637+69.5% |
| Participation rate | 92.0% | 70.4%+21.6pp | 74.3%+17.7pp | 68.1%+23.9pp |
| Annual return | 15.50% | 18.37%-2.9pp | 111.10%-95.6pp | 53.51%-38.0pp |
| Employer contribution / active EE | $1,613 | $2,324-30.6% | $2,955-45.4% | $2,552-36.8% |
| Participant deferral / active EE | $6,063 | $3,955+53.3% | $4,889+24.0% | $4,126+46.9% |
| Admin fee / account holder | $30,770 | $10,328+197.9% | $12,841+139.6% | $7,339+319.3% |