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 | $61,770 | $123,750-50.1% | $69,611-11.3% | $145,877-57.7% |
| Participation rate | 91.7% | 69.2%+22.5pp | 66.4%+25.2pp | 80.3%+11.4pp |
| Annual return | 11.43% | 192.03%-180.6pp | 101.14%-89.7pp | 551.28%-539.8pp |
| Employer contribution / active EE | $5,679 | $2,672+112.6% | $1,709+232.4% | $4,663+21.8% |
| Participant deferral / active EE | $4,741 | $4,243+11.7% | $2,891+64.0% | $6,691-29.1% |
| Admin fee / account holder | $12,573 | $7,817+60.9% | $4,696+167.8% | $13,402-6.2% |