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 | $109,529 | $100,041+9.5% | $149,718-26.8% | $70,131+56.2% |
| Participation rate | 98.7% | 83.6%+15.1pp | 87.1%+11.6pp | 69.5%+29.1pp |
| Annual return | 15.86% | 27.43%-11.6pp | 1501.67%-1485.8pp | 73.14%-57.3pp |
| Employer contribution / active EE | $3,470 | $3,662-5.2% | $5,445-36.3% | $2,342+48.1% |
| Participant deferral / active EE | $3,705 | $4,983-25.6% | $6,569-43.6% | $3,332+11.2% |
| Admin fee / account holder | $16,597 | $8,286+100.3% | $11,283+47.1% | $4,645+257.3% |