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 | $61,437 | $154,193-60.2% | $130,045-52.8% | $139,466-55.9% |
| Participation rate | 100.0% | 82.0%+18.0pp | 78.5%+21.5pp | 80.3%+19.7pp |
| Annual return | 11.98% | 32.51%-20.5pp | -137.30%+149.3pp | 373.66%-361.7pp |
| Employer contribution / active EE | $5,723 | $5,292+8.1% | $4,321+32.4% | $4,754+20.4% |
| Participant deferral / active EE | $11,997 | $6,709+78.8% | $5,820+106.1% | $6,712+78.7% |
| Admin fee / account holder | $45,890 | $13,989+228.0% | $10,600+332.9% | $11,409+302.2% |