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 | $36,329 | $49,177-26.1% | $79,467-54.3% | $64,173-43.4% |
| Participation rate | 79.4% | 65.0%+14.3pp | 73.3%+6.0pp | 69.6%+9.8pp |
| Annual return | -3.14% | -1.16%-2.0pp | 718.30%-721.4pp | 7.63%-10.8pp |
| Employer contribution / active EE | $1,760 | $2,076-15.2% | $2,800-37.2% | $2,381-26.1% |
| Participant deferral / active EE | $4,074 | $2,821+44.4% | $3,704+10.0% | $3,470+17.4% |
| Admin fee / account holder | $9,158 | $3,839+138.6% | $5,104+79.4% | $4,887+87.4% |