Filed May 25, 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 | $41,900 | $63,346-33.9% | $92,240-54.6% | $70,126-40.3% |
| Participation rate | 83.3% | 68.7%+14.7pp | 76.5%+6.9pp | 69.5%+13.8pp |
| Annual return | 13.26% | 530.19%-516.9pp | 176.29%-163.0pp | 73.15%-59.9pp |
| Employer contribution / active EE | $1,968 | $2,471-20.3% | $3,680-46.5% | $2,343-16.0% |
| Participant deferral / active EE | $3,991 | $2,854+39.9% | $3,897+2.4% | $3,332+19.8% |
| Admin fee / account holder | $1,402 | $3,841-63.5% | $5,194-73.0% | $4,645-69.8% |