Filed December 27, 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 | $35,390 | $45,152-21.6% | $73,836-52.1% | $59,633-40.7% |
| Participation rate | 80.3% | 64.0%+16.3pp | 73.4%+6.8pp | 68.7%+11.6pp |
| Annual return | 1.99% | 27.40%-25.4pp | 2268.06%-2266.1pp | 2041.45%-2039.5pp |
| Employer contribution / active EE | $1,701 | $1,901-10.5% | $2,787-39.0% | $2,203-22.8% |
| Participant deferral / active EE | $3,555 | $2,573+38.2% | $3,583-0.8% | $3,192+11.4% |
| Admin fee / account holder | $1,786 | $3,515-49.2% | $4,882-63.4% | $4,297-58.4% |