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 | $141,286 | $87,106+62.2% | $105,607+33.8% | $80,935+74.6% |
| Participation rate | 87.8% | 70.4%+17.3pp | 75.3%+12.5pp | 67.7%+20.1pp |
| Annual return | 10.73% | 17.01%-6.3pp | 116.11%-105.4pp | 35.66%-24.9pp |
| Employer contribution / active EE | $1,776 | $2,396-25.9% | $3,167-43.9% | $2,757-35.6% |
| Participant deferral / active EE | $6,104 | $3,986+53.1% | $5,011+21.8% | $4,299+42.0% |
| Admin fee / account holder | $2,072 | $8,447-75.5% | $10,958-81.1% | $6,924-70.1% |