Filed November 17, 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 | $99,448 | $54,763+81.6% | $90,324+10.1% | $72,976+36.3% |
| Participation rate | 97.3% | 65.2%+32.1pp | 73.3%+24.0pp | 69.5%+27.8pp |
| Annual return | 23.21% | 30.63%-7.4pp | 78.15%-54.9pp | 81.02%-57.8pp |
| Employer contribution / active EE | $3,898 | $2,093+86.2% | $2,856+36.5% | $2,440+59.8% |
| Participant deferral / active EE | $4,264 | $2,887+47.7% | $3,885+9.7% | $3,608+18.2% |
| Admin fee / account holder | $3,723 | $3,973-6.3% | $5,356-30.5% | $5,124-27.3% |