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 | $117,017 | $184,000-36.4% | $162,185-27.8% | $152,909-23.5% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.6%+12.4pp | 82.5%+17.5pp |
| Annual return | 22.97% | 150.80%-127.8pp | 115.61%-92.6pp | 345.46%-322.5pp |
| Employer contribution / active EE | $15,273 | $6,370+139.8% | $5,613+172.1% | $4,764+220.6% |
| Participant deferral / active EE | $10,972 | $8,033+36.6% | $7,297+50.4% | $5,851+87.5% |
| Admin fee / account holder | $23,755 | $13,124+81.0% | $10,844+119.1% | $11,601+104.8% |