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 | $208,953 | $156,398+33.6% | $147,318+41.8% | $138,895+50.4% |
| Participation rate | 83.3% | 83.8%-0.4pp | 82.1%+1.3pp | 79.9%+3.4pp |
| Annual return | 13.69% | 78.75%-65.1pp | 70.43%-56.7pp | 145.39%-131.7pp |
| Employer contribution / active EE | $4,468 | $4,853-7.9% | $4,593-2.7% | $4,194+6.5% |
| Participant deferral / active EE | $15,247 | $8,237+85.1% | $7,906+92.8% | $6,396+138.4% |
| Admin fee / account holder | $53,795 | $14,976+259.2% | $13,708+292.4% | $12,562+328.2% |