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 | $147,956 | $125,797+17.6% | $170,057-13.0% | $75,177+96.8% |
| Participation rate | 98.7% | 83.6%+15.1pp | 87.0%+11.7pp | 67.2%+31.5pp |
| Annual return | 15.24% | 27.20%-12.0pp | 53.42%-38.2pp | 160.75%-145.5pp |
| Employer contribution / active EE | $4,064 | $4,616-12.0% | $6,790-40.2% | $2,671+52.1% |
| Participant deferral / active EE | $6,581 | $6,838-3.8% | $10,411-36.8% | $4,126+59.5% |
| Admin fee / account holder | $7,914 | $8,177-3.2% | $12,826-38.3% | $5,651+40.0% |