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 | $64,319 | $138,114-53.4% | $125,391-48.7% | $134,545-52.2% |
| Participation rate | 80.0% | 84.5%-4.5pp | 82.4%-2.4pp | 81.2%-1.2pp |
| Annual return | -20.38% | 750.88%-771.3pp | 572.41%-592.8pp | 418.37%-438.8pp |
| Employer contribution / active EE | $3,524 | $5,246-32.8% | $4,816-26.8% | $4,742-25.7% |
| Participant deferral / active EE | $4,931 | $7,801-36.8% | $7,448-33.8% | $6,401-23.0% |
| Admin fee / account holder | $2,528 | $11,570-78.1% | $10,009-74.7% | $11,431-77.9% |