Filed November 18, 2022
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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 | $163,652 | $138,393+18.3% | $184,256-11.2% | $80,959+102.1% |
| Participation rate | 97.5% | 83.9%+13.6pp | 86.8%+10.7pp | 67.7%+29.8pp |
| Annual return | 11.46% | 20.01%-8.6pp | 28.85%-17.4pp | 35.67%-24.2pp |
| Employer contribution / active EE | $4,239 | $4,847-12.6% | $6,427-34.0% | $2,757+53.7% |
| Participant deferral / active EE | $6,680 | $7,076-5.6% | $9,133-26.9% | $4,300+55.3% |
| Admin fee / account holder | $14,415 | $10,489+37.4% | $13,899+3.7% | $6,925+108.2% |