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 | $46,790 | $138,076-66.1% | $123,553-62.1% | $135,380-65.4% |
| Participation rate | 82.6% | 84.7%-2.1pp | 82.3%+0.3pp | 82.6%0pp |
| Annual return | -3.95% | 153.70%-157.7pp | 119.21%-123.2pp | 519.81%-523.8pp |
| Employer contribution / active EE | $3,467 | $5,152-32.7% | $4,628-25.1% | $4,779-27.5% |
| Participant deferral / active EE | $8,066 | $6,800+18.6% | $6,426+25.5% | $5,609+43.8% |
| Admin fee / account holder | $5,659 | $10,917-48.2% | $9,284-39.0% | $10,828-47.7% |