Filed April 19, 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 | $97,077 | $52,279+85.7% | $89,414+8.6% | $79,852+21.6% |
| Participation rate | 84.4% | 57.5%+26.8pp | 68.0%+16.4pp | 69.6%+14.7pp |
| Annual return | 31.06% | 22.16%+8.9pp | 245.50%-214.4pp | 31.72%-0.7pp |
| Employer contribution / active EE | $1,739 | $1,572+10.7% | $2,586-32.8% | $2,471-29.6% |
| Participant deferral / active EE | $3,207 | $2,740+17.0% | $3,890-17.5% | $3,740-14.3% |
| Admin fee / account holder | $1,020 | $3,356-69.6% | $4,883-79.1% | $5,306-80.8% |