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 | $103,151 | $167,533-38.4% | $151,645-32.0% | $134,545-23.3% |
| Participation rate | 100.0% | 88.4%+11.6pp | 87.5%+12.5pp | 81.2%+18.8pp |
| Annual return | -17.40% | 7.81%-25.2pp | 3.34%-20.7pp | 418.37%-435.8pp |
| Employer contribution / active EE | $10,085 | $6,828+47.7% | $6,165+63.6% | $4,742+112.7% |
| Participant deferral / active EE | $10,966 | $8,985+22.0% | $8,363+31.1% | $6,401+71.3% |
| Admin fee / account holder | $988 | $13,781-92.8% | $11,614-91.5% | $11,431-91.4% |