Filed November 23, 2021
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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 | $84,705 | $135,956-37.7% | $123,894-31.6% | $273,972-69.1% |
| Participation rate | 100.0% | 84.1%+15.9pp | 81.4%+18.6pp | 83.0%+17.0pp |
| Annual return | 1375.12% | 56.63%+1318.5pp | 47.52%+1327.6pp | 41.46%+1333.7pp |
| Employer contribution / active EE | $7,354 | $5,170+42.3% | $4,617+59.3% | $4,869+51.0% |
| Participant deferral / active EE | $4,479 | $6,343-29.4% | $5,984-25.2% | $5,287-15.3% |
| Admin fee / account holder | $5,325 | $9,817-45.8% | $8,357-36.3% | $10,133-47.4% |