Filed May 27, 2022
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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 | $78,215 | $114,712-31.8% | $173,730-55.0% | $87,485-10.6% |
| Participation rate | 73.7% | 73.0%+0.7pp | 79.6%-5.9pp | 68.9%+4.8pp |
| Annual return | 16.32% | 20.18%-3.9pp | 19.96%-3.6pp | 26.06%-9.7pp |
| Employer contribution / active EE | $2,892 | $2,904-0.4% | $4,577-36.8% | $2,596+11.4% |
| Participant deferral / active EE | $5,031 | $4,642+8.4% | $6,326-20.5% | $4,274+17.7% |
| Admin fee / account holder | $2,944 | $10,210-71.2% | $17,523-83.2% | $7,775-62.1% |