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 | $162,136+17.3% | $152,301+24.8% | $154,746+22.9% |
| Participation rate | 85.7% | 84.1%+1.6pp | 82.4%+3.3pp | 80.7%+5.0pp |
| Annual return | 17.83% | 91.02%-73.2pp | 80.50%-62.7pp | 172.34%-154.5pp |
| Employer contribution / active EE | $4,593 | $4,890-6.1% | $4,624-0.7% | $4,379+4.9% |
| Participant deferral / active EE | $6,885 | $8,341-17.5% | $8,004-14.0% | $6,730+2.3% |
| Admin fee / account holder | $4,169 | $15,759-73.5% | $14,398-71.0% | $14,365-71.0% |