Filed January 4, 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 | $129,272 | $156,398-17.3% | $147,318-12.2% | $138,895-6.9% |
| Participation rate | 100.0% | 83.8%+16.2pp | 82.1%+17.9pp | 79.9%+20.1pp |
| Annual return | 16.37% | 78.75%-62.4pp | 70.43%-54.1pp | 145.39%-129.0pp |
| Employer contribution / active EE | $2,925 | $4,853-39.7% | $4,593-36.3% | $4,194-30.3% |
| Participant deferral / active EE | $8,841 | $8,237+7.3% | $7,906+11.8% | $6,396+38.2% |
| Admin fee / account holder | $1,053 | $14,976-93.0% | $13,708-92.3% | $12,562-91.6% |