Filed January 13, 2023
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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 | $190,146 | $156,398+21.6% | $147,318+29.1% | $138,895+36.9% |
| Participation rate | 85.7% | 83.8%+2.0pp | 82.1%+3.6pp | 79.9%+5.8pp |
| Annual return | 17.83% | 78.75%-60.9pp | 70.43%-52.6pp | 145.39%-127.6pp |
| Employer contribution / active EE | $4,593 | $4,853-5.4% | $4,5930% | $4,194+9.5% |
| Participant deferral / active EE | $6,885 | $8,237-16.4% | $7,906-12.9% | $6,396+7.6% |
| Admin fee / account holder | $4,169 | $14,976-72.2% | $13,708-69.6% | $12,562-66.8% |