Filed January 5, 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 | $33,296 | $135,956-75.5% | $123,894-73.1% | $273,972-87.8% |
| Participation rate | 78.6% | 84.1%-5.5pp | 81.4%-2.8pp | 83.0%-4.4pp |
| Annual return | 7.97% | 56.63%-48.7pp | 47.52%-39.5pp | 41.46%-33.5pp |
| Employer contribution / active EE | $2,782 | $5,170-46.2% | $4,617-39.7% | $4,869-42.9% |
| Participant deferral / active EE | $6,609 | $6,343+4.2% | $5,984+10.4% | $5,287+25.0% |
| Admin fee / account holder | $781 | $9,817-92.0% | $8,357-90.7% | $10,133-92.3% |