Filed June 16, 2023
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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 | $79,410 | $82,674-3.9% | $125,363-36.7% | $68,495+15.9% |
| Participation rate | 100.0% | 75.0%+25.0pp | 82.4%+17.6pp | 67.9%+32.1pp |
| Annual return | -13.30% | -5.97%-7.3pp | 572.15%-585.4pp | -7.84%-5.5pp |
| Employer contribution / active EE | $1,968 | $3,382-41.8% | $4,815-59.1% | $2,596-24.2% |
| Participant deferral / active EE | $5,344 | $6,111-12.6% | $7,447-28.2% | $4,028+32.7% |
| Admin fee / account holder | $3,175 | $6,276-49.4% | $10,005-68.3% | $5,403-41.2% |