Filed August 21, 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 | $113,866 | $160,070-28.9% | $147,117-22.6% | $145,897-22.0% |
| Participation rate | 82.6% | 84.0%-1.4pp | 82.2%+0.4pp | 80.3%+2.3pp |
| Annual return | 10.91% | 98.69%-87.8pp | 420.54%-409.6pp | 552.29%-541.4pp |
| Employer contribution / active EE | $2,687 | $5,285-49.2% | $4,932-45.5% | $4,663-42.4% |
| Participant deferral / active EE | $8,467 | $8,419+0.6% | $8,065+5.0% | $6,689+26.6% |
| Admin fee / account holder | $11,133 | $15,035-26.0% | $12,993-14.3% | $13,390-16.9% |