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 | $159,934-28.8% | $147,005-22.5% | $145,959-22.0% |
| Participation rate | 82.6% | 84.0%-1.4pp | 82.2%+0.4pp | 80.3%+2.3pp |
| Annual return | 10.91% | 98.24%-87.3pp | 418.76%-407.9pp | 561.95%-551.0pp |
| Employer contribution / active EE | $2,687 | $5,287-49.2% | $4,934-45.5% | $4,661-42.3% |
| Participant deferral / active EE | $8,467 | $8,427+0.5% | $8,070+4.9% | $6,689+26.6% |
| Admin fee / account holder | $11,133 | $15,053-26.0% | $13,006-14.4% | $13,398-16.9% |