Filed February 1, 2023
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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 | $198,847 | $160,070+24.2% | $147,117+35.2% | $145,897+36.3% |
| Participation rate | 83.3% | 84.0%-0.7pp | 82.2%+1.1pp | 80.3%+3.0pp |
| Annual return | 15.82% | 98.69%-82.9pp | 420.54%-404.7pp | 552.29%-536.5pp |
| Employer contribution / active EE | $11,259 | $5,285+113.0% | $4,932+128.3% | $4,663+141.5% |
| Participant deferral / active EE | $17,779 | $8,419+111.2% | $8,065+120.5% | $6,689+165.8% |
| Admin fee / account holder | $18,592 | $15,035+23.7% | $12,993+43.1% | $13,390+38.8% |