Filed August 11, 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 | $49,408 | $56,197-12.1% | $67,652-27.0% | $59,633-17.1% |
| Participation rate | 98.2% | 71.5%+26.7pp | 75.7%+22.5pp | 68.7%+29.5pp |
| Annual return | -2.33% | 18508.10%-18510.4pp | 6625.40%-6627.7pp | 2041.45%-2043.8pp |
| Employer contribution / active EE | $2,140 | $1,615+32.5% | $2,266-5.6% | $2,203-2.9% |
| Participant deferral / active EE | $3,283 | $2,844+15.5% | $3,560-7.8% | $3,192+2.9% |
| Admin fee / account holder | $4,517 | $3,958+14.1% | $4,821-6.3% | $4,297+5.1% |