Filed August 14, 2024
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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 | $39,239 | $99,009-60.4% | $86,581-54.7% | $147,585-73.4% |
| Participation rate | 81.3% | 76.3%+4.9pp | 73.5%+7.7pp | 82.8%-1.6pp |
| Annual return | 18.91% | 1312.70%-1293.8pp | 965.06%-946.1pp | 578.58%-559.7pp |
| Employer contribution / active EE | $4,806 | $3,132+53.4% | $2,840+69.3% | $4,876-1.4% |
| Participant deferral / active EE | $6,406 | $3,972+61.3% | $3,609+77.5% | $5,439+17.8% |
| Admin fee / account holder | $1,345 | $5,709-76.4% | $4,904-72.6% | $10,886-87.6% |