Filed January 16, 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 | $109,851 | $52,519+109.2% | $155,789-29.5% | $59,633+84.2% |
| Participation rate | 81.3% | 61.7%+19.5pp | 76.1%+5.2pp | 68.7%+12.6pp |
| Annual return | -1.97% | 53.51%-55.5pp | 71.54%-73.5pp | 2041.45%-2043.4pp |
| Employer contribution / active EE | $3,024 | $1,589+90.3% | $3,839-21.2% | $2,203+37.3% |
| Participant deferral / active EE | $7,654 | $3,084+148.2% | $4,798+59.5% | $3,192+139.8% |
| Admin fee / account holder | $1,120 | $3,540-68.4% | $7,477-85.0% | $4,297-73.9% |