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 | $110,527 | $64,716+70.8% | $112,258-1.5% | $68,495+61.4% |
| Participation rate | 82.1% | 67.2%+15.0pp | 75.1%+7.1pp | 67.9%+14.3pp |
| Annual return | -14.78% | -11.40%-3.4pp | 27.47%-42.3pp | -7.84%-6.9pp |
| Employer contribution / active EE | $4,034 | $2,746+46.9% | $3,636+10.9% | $2,596+55.3% |
| Participant deferral / active EE | $9,724 | $3,565+172.7% | $4,728+105.6% | $4,028+141.4% |
| Admin fee / account holder | $806 | $5,232-84.6% | $6,411-87.4% | $5,403-85.1% |