Filed March 29, 2024
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $253,602 | $86,891+191.9% | $142,460+78.0% | $75,181+237.3% |
| Participation rate | 95.3% | 68.5%+26.8pp | 76.8%+18.6pp | 67.2%+28.2pp |
| Annual return | 14.30% | 23.31%-9.0pp | 19.99%-5.7pp | 160.69%-146.4pp |
| Employer contribution / active EE | $15,158 | $3,355+351.8% | $4,847+212.7% | $2,671+467.6% |
| Participant deferral / active EE | $8,680 | $4,938+75.8% | $6,283+38.1% | $4,126+110.4% |
| Admin fee / account holder | $19,008 | $7,299+160.4% | $10,011+89.9% | $5,650+236.4% |