Filed April 11, 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 | $18,869 | $77,638-75.7% | $156,551-87.9% | $62,881-70.0% |
| Participation rate | 89.2% | 71.2%+18.0pp | 84.0%+5.2pp | 69.3%+19.9pp |
| Annual return | 100.91% | 50.33%+50.6pp | 32.23%+68.7pp | 20.14%+80.8pp |
| Employer contribution / active EE | $1,664 | $3,444-51.7% | $5,501-69.8% | $2,281-27.0% |
| Participant deferral / active EE | $2,032 | $3,046-33.3% | $4,871-58.3% | $3,203-36.5% |
| Admin fee / account holder | $2,091 | $5,561-62.4% | $13,028-84.0% | $4,296-51.3% |