Filed November 4, 2024
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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 | $41,516 | $93,598-55.6% | $135,974-69.5% | $75,173-44.8% |
| Participation rate | 100.0% | 75.2%+24.8pp | 81.9%+18.1pp | 67.2%+32.8pp |
| Annual return | 19.88% | 30.89%-11.0pp | 68.30%-48.4pp | 160.72%-140.8pp |
| Employer contribution / active EE | $9,149 | $3,538+158.6% | $4,859+88.3% | $2,671+242.6% |
| Participant deferral / active EE | $5,456 | $6,405-14.8% | $7,760-29.7% | $4,126+32.2% |
| Admin fee / account holder | $1,497 | $6,978-78.5% | $10,767-86.1% | $5,651-73.5% |