Filed January 10, 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 | $57,061 | $94,529-39.6% | $140,019-59.2% | $64,173-11.1% |
| Participation rate | 91.0% | 84.1%+6.9pp | 87.5%+3.5pp | 69.6%+21.4pp |
| Annual return | -3.77% | 7.77%-11.5pp | 651.17%-654.9pp | 7.63%-11.4pp |
| Employer contribution / active EE | $4,487 | $3,812+17.7% | $5,605-19.9% | $2,381+88.5% |
| Participant deferral / active EE | $12,516 | $5,250+138.4% | $6,927+80.7% | $3,470+260.7% |
| Admin fee / account holder | $474 | $6,741-93.0% | $10,705-95.6% | $4,887-90.3% |