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 | $69,463 | $162,821-57.3% | $133,978-48.2% | $158,982-56.3% |
| Participation rate | 90.5% | 83.2%+7.2pp | 79.8%+10.6pp | 82.0%+8.5pp |
| Annual return | 20.00% | 41.95%-21.9pp | 45.10%-25.1pp | 302.99%-283.0pp |
| Employer contribution / active EE | $2,722 | $4,976-45.3% | $3,919-30.5% | $4,763-42.8% |
| Participant deferral / active EE | $6,143 | $5,910+3.9% | $5,047+21.7% | $5,983+2.7% |
| Admin fee / account holder | $913 | $11,742-92.2% | $8,930-89.8% | $11,252-91.9% |