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 | $140,009 | $137,414+1.9% | $189,545-26.1% | $85,851+63.1% |
| Participation rate | 97.4% | 84.6%+12.8pp | 87.8%+9.6pp | 69.3%+28.1pp |
| Annual return | 13.96% | 38.14%-24.2pp | 555.36%-541.4pp | 318.63%-304.7pp |
| Employer contribution / active EE | $3,524 | $4,344-18.9% | $6,162-42.8% | $2,565+37.4% |
| Participant deferral / active EE | $5,145 | $6,260-17.8% | $8,220-37.4% | $3,952+30.2% |
| Admin fee / account holder | $3,677 | $8,630-57.4% | $12,049-69.5% | $6,261-41.3% |