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 | $55,947 | $25,979+115.4% | $71,755-22.0% | $68,486-18.3% |
| Participation rate | 94.1% | 54.5%+39.6pp | 62.3%+31.8pp | 67.9%+26.2pp |
| Annual return | 1.87% | -15.10%+17.0pp | 9.09%-7.2pp | -7.85%+9.7pp |
| Employer contribution / active EE | $4,596 | $900+410.4% | $1,704+169.8% | $2,597+77.0% |
| Participant deferral / active EE | $2,734 | $1,522+79.6% | $2,656+3.0% | $4,028-32.1% |
| Admin fee / account holder | $15,871 | $2,022+685.1% | $3,972+299.5% | $5,404+193.7% |