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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,563 | $98,982-23.7% | $162,185-53.4% | $65,186+15.9% |
| Participation rate | 82.1% | 85.8%-3.7pp | 87.6%-5.5pp | 70.2%+11.9pp |
| Annual return | 35.96% | 24.84%+11.1pp | 115.61%-79.6pp | 29.39%+6.6pp |
| Employer contribution / active EE | $4,390 | $3,467+26.6% | $5,613-21.8% | $2,177+101.7% |
| Participant deferral / active EE | $11,701 | $5,384+117.3% | $7,297+60.4% | $3,514+233.0% |
| Admin fee / account holder | $7,152 | $596+1099.2% | $10,844-34.0% | $847+744.1% |