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 | $168,267 | $65,440+157.1% | $98,506+70.8% | $85,851+96.0% |
| Participation rate | 89.5% | 65.0%+24.5pp | 73.3%+16.1pp | 69.3%+20.2pp |
| Annual return | 15.95% | 21.75%-5.8pp | 1494.92%-1479.0pp | 318.63%-302.7pp |
| Employer contribution / active EE | $5,058 | $2,169+133.2% | $2,961+70.8% | $2,565+97.2% |
| Participant deferral / active EE | $5,895 | $3,168+86.1% | $4,277+37.8% | $3,952+49.1% |
| Admin fee / account holder | $11,888 | $4,596+158.7% | $5,955+99.6% | $6,261+89.9% |