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 | $151,427-40.8% | $112,860-20.5% | $154,746-42.0% |
| Participation rate | 87.5% | 69.1%+18.4pp | 66.3%+21.2pp | 80.7%+6.8pp |
| Annual return | 5.97% | 30.95%-25.0pp | 35.26%-29.3pp | 172.34%-166.4pp |
| Employer contribution / active EE | $6,118 | $2,750+122.5% | $2,206+177.3% | $4,379+39.7% |
| Participant deferral / active EE | $4,950 | $4,285+15.5% | $3,493+41.7% | $6,730-26.5% |
| Admin fee / account holder | $5,780 | $7,369-21.6% | $6,841-15.5% | $14,365-59.8% |