Filed January 17, 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 | $57,024 | $152,619-62.6% | $125,195-54.5% | $152,909-62.7% |
| Participation rate | 100.0% | 83.3%+16.7pp | 79.8%+20.2pp | 82.5%+17.5pp |
| Annual return | 19.33% | 54.85%-35.5pp | 43.79%-24.5pp | 345.46%-326.1pp |
| Employer contribution / active EE | $2,828 | $4,947-42.8% | $3,866-26.9% | $4,764-40.6% |
| Participant deferral / active EE | $6,599 | $5,869+12.4% | $4,937+33.6% | $5,851+12.8% |
| Admin fee / account holder | $63,288 | $13,437+371.0% | $9,704+552.2% | $11,601+445.6% |