Filed December 20, 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 | $89,700 | $222,882-59.8% | $182,153-50.8% | $198,609-54.8% |
| Participation rate | 87.5% | 67.8%+19.7pp | 65.7%+21.8pp | 82.4%+5.1pp |
| Annual return | 5.97% | 38.53%-32.6pp | 35.04%-29.1pp | 202.70%-196.7pp |
| Employer contribution / active EE | $6,118 | $2,741+123.2% | $2,593+135.9% | $5,055+21.0% |
| Participant deferral / active EE | $4,950 | $4,212+17.5% | $3,776+31.1% | $6,977-29.1% |
| Admin fee / account holder | $5,780 | $8,972-35.6% | $9,477-39.0% | $19,030-69.6% |