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 | $108,825-28.1% | $156,181-49.9% | $82,448-5.1% |
| Participation rate | 73.7% | 72.4%+1.3pp | 78.8%-5.1pp | 68.1%+5.6pp |
| Annual return | 16.32% | 20.59%-4.3pp | 64.87%-48.6pp | 41.64%-25.3pp |
| Employer contribution / active EE | $2,892 | $2,870+0.8% | $4,294-32.7% | $2,551+13.4% |
| Participant deferral / active EE | $5,031 | $4,577+9.9% | $6,132-18.0% | $4,139+21.5% |
| Admin fee / account holder | $2,944 | $9,341-68.5% | $14,586-79.8% | $7,234-59.3% |