Filed February 28, 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 | $94,307 | $160,059-41.1% | $140,019-32.6% | $135,380-30.3% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.5%+12.5pp | 82.6%+17.4pp |
| Annual return | -5.04% | 911.48%-916.5pp | 651.17%-656.2pp | 519.81%-524.8pp |
| Employer contribution / active EE | $7,467 | $6,420+16.3% | $5,605+33.2% | $4,779+56.3% |
| Participant deferral / active EE | $7,443 | $7,641-2.6% | $6,927+7.5% | $5,609+32.7% |
| Admin fee / account holder | $21,835 | $13,328+63.8% | $10,705+104.0% | $10,828+101.6% |