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 | $155,555+22.2% | $146,866+29.5% | $155,188+22.5% |
| Participation rate | 85.7% | 84.0%+1.8pp | 82.5%+3.2pp | 80.8%+4.9pp |
| Annual return | 17.83% | 115.41%-97.6pp | 102.85%-85.0pp | 148.84%-131.0pp |
| Employer contribution / active EE | $4,593 | $4,647-1.2% | $4,425+3.8% | $4,248+8.1% |
| Participant deferral / active EE | $6,885 | $8,044-14.4% | $7,759-11.3% | $6,531+5.4% |
| Admin fee / account holder | $4,169 | $14,755-71.7% | $13,620-69.4% | $14,480-71.2% |