Filed August 31, 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 | $84,130 | $87,542-3.9% | $75,782+11.0% | $125,393-32.9% |
| Participation rate | 100.0% | 80.2%+19.8pp | 75.8%+24.2pp | 83.2%+16.8pp |
| Annual return | -2.76% | 13.48%-16.2pp | 9.68%-12.4pp | 282.23%-285.0pp |
| Employer contribution / active EE | $4,567 | $3,930+16.2% | $3,323+37.4% | $4,866-6.1% |
| Participant deferral / active EE | $6,892 | $4,229+63.0% | $3,652+88.8% | $5,351+28.8% |
| Admin fee / account holder | $7,771 | $6,502+19.5% | $5,300+46.6% | $9,541-18.6% |