Filed December 15, 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 | $85,293 | $75,935+12.3% | $60,547+40.9% | $125,388-32.0% |
| Participation rate | 100.0% | 76.5%+23.5pp | 68.0%+32.0pp | 83.2%+16.8pp |
| Annual return | 6.61% | -5.38%+12.0pp | 335.64%-329.0pp | 282.24%-275.6pp |
| Employer contribution / active EE | $13,877 | $3,438+303.6% | $2,419+473.6% | $4,866+185.2% |
| Participant deferral / active EE | $7,268 | $4,506+61.3% | $3,328+118.4% | $5,352+35.8% |
| Admin fee / account holder | $1,135 | $6,768-83.2% | $4,536-75.0% | $9,541-88.1% |